$PSTG (-2.73%) Position further expanded.
Objective: To participate in the switch to advanced data storage.
HDDs are currently still widely used.
SSDs are faster and more energy-efficient - and prices are slowly falling below those of HDDs.
Pure Storage supplies the SSD.
If the "legacy" hardware lasts longer, that would probably be the biggest risk.
But will this happen with the new data hunger caused by AI? We will see.