Investing.com — Shares of Quantum (NASDAQ:QMCO) Corporation (NASDAQ: QMCO) leaped 140% following the announcement of a new parallel file system client for its Quantum Myriad all-flash file system, which is designed to enhance NVIDIA (NASDAQ:NVDA) GPUDirect Storage® capabilities.
The company’s stock surge defies recent skepticism over the sustainability of growth in quantum stocks, as seen with Quantum Computing Inc (NASDAQ: QUBT), which faced scrutiny from short seller Citron Research. Momentum traders shifted their focus to Quantum Corporation after the company released details of its innovative technology aimed at improving AI/ML infrastructure.
Quantum’s development introduces a highly parallel file system client that can be deployed on-the-fly and is compatible across platforms, including NVIDIA Grace Hopper with Grace ARM-based architectures. This client is optimized for GPU-intensive tasks such as AI/ML model training and inferencing, high-performance computing visualization and modeling, and video rendering. By installing directly on servers or workstations with high-performance GPU cards, it allows the transformation of host workstations into operational Myriad GPU Nodes.
The client utilizes NVIDIA’s Magnum I/O GPUDirect Storage technology to establish a direct RDMA data path between storage and GPU memory, bypassing CPU bottlenecks and enabling exceptional performance. This technology allows for the addition of multiple client nodes to a Myriad cluster at any time, offering a wide range of connection options and flexibility for all-flash file systems.
Jeff Mulder, chief development officer at Quantum, highlighted the unique capabilities of the new client, which performs its own metadata operations, data reduction, and data protection operations. This approach is designed to minimize common bottlenecks and maximize GPU investment across different architectures.
The new Myriad parallel file system client will be available for evaluation through Quantum’s Early Access Program, which invites influential customers to provide feedback for product development. The program aims to test and validate new features that will benefit all users.
Quantum Corporation has announced that existing Myriad customers will be eligible to participate in the Early Access Program for the new client upon its release in the first quarter of 2025, with general availability expected in the second half of 2025.
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