U.S. MarketsJuly 16 at 12:34 PM

NetApp (NTAP) acquires DataPelago to add GPU-accelerated data processing at storage layer; no terms disclosed

StockNow breaking-news AI analysis

NetApp acquired DataPelago to integrate GPU-accelerated storage, bolstering its AI strategy as enterprise demand drives record revenue growth despite near-term margin pressure from memory costs.

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