Cray is Our Investment in Supercomputing

IBM is not in the GDT::Portfolio, but GDT is a fan of IBM and so is Warren Buffett. Headline: "Buffett reveals $10.7bn stake in IBM." On 16 June 02008, I had a blog posting on AzCentral.com titled "IBM remains a great American company."

Cray (CRAY) is in the GDT::Portfolio and they issued a couple of press releases yesterday (02011.11.14). (a) "Cray gets $188M contract, replaces IBM on Illinois project" and (b) "Cray Enters the Integrated Storage Market." From press release (b).

From press release (a): "This is a transformational contract for the company," CEO Ungaro said. "It's a very big deal for us. It's a huge contract based on the size of the company and we couldn't be more excited about it."

From press release (b): Designed specifically for a wide range of HPC workloads, the Cray Sonexion 1300 system cost-effectively scales from approximately 50 terabytes to more than 50 petabytes of useable capacity without a compromise in performance. The storage system also features data rates of more than a terabyte-per-second.

Cray competes against IBM. CRAY closed yesterday (02011.11.14) at $6.02. 52-week range: $4.96 - $8.38.