Meta seeming to move from third-party Pure Storage hardware for AI, says Wedbush

Wedbush notes that Meta (META) released a blog detailing the makeup of its two new AI clusters, both of which include 24,576 Nvidia (NVDA) H100 GPUs. The clusters us a Linux Filesystem backed by a version of Meta’s “Tectonic” distributed storage solution and as with servers, this architecture shift “seems to move Meta from third party sourced” Pure Storage (PSTG) to internally designed hardware, the analyst tells investors. Wedbush has an Outperform rating and $50 price target on Pure Storage shares.