Search results for Charles Giancarlo
Industry
Everpure CEO says semiconductor component costs surge 4 to 10-fold, forcing 70 percent price rise
Storage and data management solutions company Everpure said it has raised its product prices by an average of about 70 percent this year, citing surging procurement costs for key semiconductor components. Chairman and CEO Charles Giancarlo said the cost of major high-volume semiconductor parts Everpure buys has risen 300 to 900 percent and that some chipmakers have failed to deliver promised volumes amid demand. He said further price adjustments are possible.
AI & Enterprise
AI chip demand surge drives storage component prices up to 900 percent, storage prices jump
Everpure CEO Charles Giancarlo (찰스 지안카를로) warned customers that the company’s product prices have risen about 70 percent since early 2026, Techzine reported. He attributed the increase to a global semiconductor shortage driven by AI demand. AI servers require far more DRAM and NAND flash than conventional servers, squeezing supply for general-purpose chips used by storage firms. Giancarlo said costs for key components jumped 300 to 900 percent after mid-2025.
AI & Enterprise
Pure Storage changes name to Everpure, agrees to buy 1touch
Storage and data management company Pure Storage said on Feb. 24 it will change its name to Everpure. The company said the move is meant to show it has positioned itself as a company defining the future of data management. Everpure also said it signed a final agreement to acquire 1touch, a data intelligence and orchestration company that provides comprehensive, integrated visibility into enterprise information.