Micron Dips on Releasing Crucial SSD - InvestingChannel

Micron Dips on Releasing Crucial SSD

Micron Technology, Inc. (NASDAQ: MU) shares faltered Tuesday. The Boise, Idaho-based technology company today announced the availability of the Crucial® T500 Gen4 NVMe® SSD as an expansion of its award-winning NVMe solid-state drive (SSD) portfolio.

The Crucial T500 SSD is a best-in-class PCIe® 4.0 NVMe drive, which leverages Micron’s advanced 232-layer 3D NAND technology with industry-leading NAND I/O speeds of 2.4 gigabytes per second (GB/s) and is engineered to improve performance for console and PC gamers, photo and video editors and content creators. Available in two options, the T500 SSD with the heatsink is specifically designed for platforms like the PlayStation® 5 (PS5™) and PC gaming rigs, while the version without the heatsink fits well in laptops, desktops and workstations.

The T500 offers up to a 40% higher performance-to-power ratio, and speeds that are two times faster than the previous Gen3 NVMe SSD offering. With lightning-fast sequential read and write speeds up to 7,400MB/s and 7,000MB/s respectively, Crucial T500 SSDs enable gamers to load games up to 16% faster, get quicker game texture renders and reduced CPU utilization with Microsoft® DirectStorage. Likewise, it is easy to install and has up to 2TB of storage – making it perfect for PS5 upgrades or UHD/8K+ videos.

The T500 also delivers up to 42% faster performance in content creation applications, allowing users to run heavy workloads and render photos or videos faster.

MU shares lost 56 cents to $65.52.

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