Shares of Micron gained more than 3 percent Tuesday after Crucial, one of its subsidiaries, unveiled a new type of server memory designed to protect data from power surges.
“Historically, companies have used uninterruptible power supplies, solid state drives (SSDs), mechanical hard drives (HDDs) or other devices to ensure the security of critical data. While this method of preserving critical data has been effective, the backup and restore times have been very long due to the latency and write times of the SSD and HDD,” Crucial said in a release.
