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Nutanix Catalysts Include HCI Growth, VMware Market Share Shift, And AI Demand: Analyst [Yahoo! Finance]
Last broadcom inc. earnings: 3/12 04:15 pm
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US:NASDAQ Investor Relations: investors.broadcom.com
Singh's optimistic outlook hinges on several critical factors, including the rising demand for HyperConverged Infrastructure (HCI), market share opportunities from weakening VMware, and strong adoption of unstructured data solutions, particularly for AI-driven workloads. Singh accentuated that Nutanix benefits from the shift in enterprise data centers toward HCI solutions, which integrate computing, storage, and networking into a single, streamlined platform. Also Read: AT&T Data Breach Exposes 50 Billion Records: Hackers Identified, Ransom Paid Singh said the HCI software market, expected to grow at a 15.3% compound annual growth rate (CAGR) through 2028, is creating a substantial growth opportunity for Nutanix. As a leading HCI software provider, Nutanix is well-positioned to capitalize on this expanding market, particularly as VMware faces customer backlash following substantial price increases imposed by parent company Broadcom Inc (NASDAQ: AVGO Singh highlighted a sign
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