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  "documentTitle": "Pure Storage, Inc. (PSTG)",
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  "notes": "The table compares three storage configurations across technical and financial dimensions to derive a cost multiple relative to HDDs.",
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      "text": "Cost Multiple to HDDs: 4.9x (QLC SSD) and 5.9x (Pure 150TB QLC DFM).",
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      "text": "We caveat this analysis with the obvious qualifier that we are not data center architects and that any hyperscaler is also incorporating other factors such as timing, supplier dynamics, macro market conditions, and many more considerations to optimize its purchase decisions. Moreover, there is significant complexity and variability depending on geographic location, target",
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      "text": "Source: Solidigm, Kerrisdale analysis",
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