NTAP partners with GOOGL to enhance Google Cloud NetApp Volumes, boosting performance for AI

From Nasdaq: 2025-04-10 08:08:00

NetApp, Inc. (NTAP) partners with Alphabet Inc. (GOOGL) to enhance Google Cloud NetApp Volumes, reducing complexity and boosting performance for AI, EDA, and content workloads. NTAP shares rise 13.08% after the announcement, closing at $86.1 on April 9, 2025. The collaboration aims to break data silos and support real-time hybrid cloud integrations for actionable insights.

Key advancements to Google Cloud NetApp Volumes include integration with Vertex AI, performance improvements for large capacity volumes, and Flex Service Level enhancements for scalable capacity and throughput. These updates enable faster AI development, seamless scaling, and customized storage pools, supporting a variety of workload requirements and compliance frameworks.

Cloud and AI demand drive NetApp’s growth, with a focus on flash arrays, cloud storage, and AI solutions. The company secured over 100 AI-focused deals in the fiscal third quarter and collaborates with industry leaders for generative AI solutions. Despite challenges like foreign exchange pressures and market competition, NetApp’s intelligent data infrastructure continues to support efficient workload scaling and AI capabilities.

NTAP stock holds a Zacks Rank #3 and has declined 18% in the past year. Amid industry challenges, NetApp faces pressures from various factors like Spot divestiture impact and market softness. However, the company’s strategic partnerships and focus on AI and cloud solutions position it for long-term growth potential in a competitive market landscape.



Read more at Nasdaq: NTAP Stock Soars 13% on GOOGL Alliance for AI & Enterprise Workloads