Texas Instruments Inc. shares jumped in premarket trading, setting up the stock for the biggest gain in four years after the company’s revenue forecast indicated a slump in demand may be easing.
The focus on software should not by any means take away from the value of the hardware. No matter how wonderful and valuable storage software is, it still requires a solid base of hardware on which to run.
That hardware may be an industry-standard server, or a purpose-built appliance. Or it may be on purpose-built hardware stacked in a cloud provider’s data center. But it needs components: flash storage, SSDs, hard disk drives, memory. So for all the focus on software, hardware still counts.
On April 3, 2024, Taiwan experienced its strongest earthquake in recorded history, sending shockwaves through the global chip and semiconductor industry. The island, a crucial hub for the production of these vital components, faces significant challenges in the aftermath of the natural disaster.