Micron launches new storage drives to challenge Intel in data centres
((This Oct. 24 story corrects to reflect that Micron's new devices are solid-state drives rather than hard drives with spinning disks.) By Stephen Nellis SAN FRANCISCO (Reuters) - Idaho-based memory chipmaker Micron Technology on Thursday challenged rival Intel Corp with a new line of solid-state drives aimed at data centres, just as the two companies are on the cusp of formally ending a joint venture of more than a decade that developed the technology
((This Oct. 24 story corrects to reflect that Micron's new devices are solid-state drives rather than hard drives with spinning disks.)
By Stephen Nellis
SAN FRANCISCO (Reuters) - Idaho-based memory chipmaker Micron Technology
Micron and Intel worked together starting in 2006 to bring to market what is called 3D cross-point memory technology. The technology uses three-dimensional features on storage chips to make them faster.
Micron said a year ago that it would buy out Intel's share of the joint venture, called IM Flash Technologies, for $1.5 billion in cash and the assumption of $1 billion of Intel's share of the venture's debt. The deal will close this month, leaving Micron in full control of a factory built in Utah to make the chips.
Solid-state drives made with the new chips are faster than previous drives. That has captured the interest of data centre owners carrying out computing jobs like deep learning, where artificial intelligence software ingests huge amounts of data to learn new tasks.
Intel released a second generation of its version of the technology earlier this year. Micron is now jumping into the market, testing it with what a handful of customers.
"This is just the very, very beginning," Micron Chief Executive Sanjay Mehrotra told Reuters at a launch event in San Francisco. "These kinds of technologies do take multiple years before are they broadly deployed."
Micron launched its Intel competitor Thursday, a device it calls X100. The device itself is a solid-state drive that can be plugged directly into a server, and Micron claims it is faster than its rival due in part to a piece of technology called a controller that take instructions from the server's computing brain about which data to read or write on the solid-state drive.
Micron developed the controllers internally and is hoping they will set its products apart in the memory market, where supply and demand dynamics can produce dramatic shifts in prices.
Mehrotra's strategy since taking over as chief executive in 2017 has been to increase the number of storage products that include technologies beyond just commodity memory chips. About half of the company's storage revenue now comes from such products, versus 20% when he arrived, he said.
"This is hugely attractive," Mehrotra said of differentiating features. "We are making strong progress there."
(Reporting by Stephen Nellis in San Francisco; Editing by Tom Brown)
This story has not been edited by Firstpost staff and is generated by auto-feed.
By Robin Emmott and John Irish | BRUSSELS/PARIS BRUSSELS/PARIS France and Germany will agree to a U.S. plan for NATO to take a bigger role in the fight against Islamic militants at a meeting with President Donald Trump on Thursday, but insist the move is purely symbolic, four senior European diplomats said.The decision to allow the North Atlantic Treaty Organization to join the coalition against Islamic State in Syria and Iraq follows weeks of pressure on the two allies, who are wary of NATO confronting Russia in Syria and of alienating Arab countries who see NATO as pushing a pro-Western agenda."NATO as an institution will join the coalition," said one senior diplomat involved in the discussions. "The question is whether this just a symbolic gesture to the United States
BEIJING Chinese President Xi Jinping on Wednesday called for greater efforts to make the country's navy a world class one, strong in operations on, below and above the surface, as it steps up its ability to project power far from its shores.China's navy has taken an increasingly prominent role in recent months, with a rising star admiral taking command, its first aircraft carrier sailing around self-ruled Taiwan and a new aircraft carrier launched last month.With President Donald Trump promising a US shipbuilding spree and unnerving Beijing with his unpredictable approach on hot button issues including Taiwan and the South and East China Seas, China is pushing to narrow the gap with the U.S. Navy.Inspecting navy headquarters, Xi said the navy should "aim for the top ranks in the world", the Defence Ministry said in a statement about his visit."Building a strong and modern navy is an important mark of a top ranking global military," the ministry paraphrased Xi as saying.