Silicon Motion launches ultra-fast SSD controller for AI devices and gaming consoles

From Nasdaq: 2024-05-31 12:59:00

Silicon Motion Technology Corporation introduces the ultra-fast SM2322 single-chip controller for portable SSDs to meet the demands of AI devices and gaming consoles. With a 20 GB/s data transfer rate, 8TB capacity, and enhanced security features, SIMO’s advanced solution is perfect for high-performance portable storage needs in today’s digital landscape.

In the industry, SIMO is a leading merchant supplier of client SSD controllers and has seen a 22.3% share price increase in the past year. Other top-ranked stocks in the sector include NVIDIA Corporation (NVDA), Arista Networks, Inc. (ANET), and Motorola Solutions, Inc. (MSI). Leading in visual computing advancements and cloud network solutions, these companies show strong potential for growth and innovation.

NVIDIA, ranked #1 in the sector, has delivered consistent earnings surprises and focuses on AI-based solutions. Arista Networks is well-positioned for growth with its software-driven approach while Motorola Solutions serves government segments and wireless infrastructure with two-way communications products and cloud solutions. With promising long-term growth expectations and innovative strategies, these stocks offer exciting opportunities for investors.



Read more at Nasdaq: Silicon Motion (SIMO) Launch Advance SSD Solution for AI Devices