By Tom Whitfield

Everpure has joined the S&P 500 at position 282 and told analysts it expects $7.15 billion in revenue for fiscal 2028, well above the $6.5 billion consensus. The outlook, presented at a financial analysts' session, also forecasts $1.8 billion in operating income at the midpoint — a 25% margin, against the $1.4 billion analysts had modeled. William Blair analyst Jason Ader called the numbers "head-turning fiscal 2028 guidance."

The revenue figure represents 42% year-over-year growth. Management framed the acceleration as structural rather than cyclical, pointing to eight consecutive quarters of accelerating revenue growth and twelve consecutive years of enterprise storage share gains.

What is driving the growth?

Ader wrote that "the most important takeaway from the event was management's belief that Everpure has reached a fundamental inflection point in its growth trajectory." The company is betting on what it calls "new revenue" categories to carry the expansion.

By fiscal 2030, Everpure expects these categories to account for roughly 20% of total revenue:

• Modern data software: Portworx for Kubernetes data management, Pure Protect for backup and cyber recovery, Everpure Cloud for hybrid- and multi-cloud data mobility, Data Intelligence from 1Touch, and Data Stream
• Scale AI: FlashBlade//EXA for neoclouds
• Hyperscale solutions: DFM technology for hyperscalers

The takeaway in plain words: Everpure is shifting from a hardware box vendor toward software, AI infrastructure, and hyperscaler business lines.

The S&P 500 inclusion places Everpure among eleven storage-related names in the index, including Micron at number 10, NetApp at 24, Oracle at 23, Dell at 33, Sandisk at 44, Seagate at 58, WD at 73, Datadog at 130, HPE at 146, Supermicro at 328, and Gartner at 477. The index covers approximately 80% of available US market capitalization, with members selected by committee.

Why is the ITC investigating Micron?

Netlist, a semiconductor memory IP developer, has won institutional backing for its complaint against Micron. The US International Trade Commission has instituted an investigation, ITC Inv. No. 337-TA-1523, into Micron, Supermicro, HPE, and Lenovo, following Netlist's complaint filed on August 11, 2026.

The ITC will determine whether Micron memory products should be banned from importation into the United States for infringing four Netlist patents. The patents in question are US Patent Nos. 10,025,731, 10,217,523, 12,373,366 and 12,675,407, and they apply to DDR5 RDIMMs and/or MRDIMMs.

Netlist is seeking exclusion orders and cease-and-desist orders to stop importation of the infringing products by each respondent — or, alternatively, licensing deals.

CEO C.K. Hong said: "We are pleased with the ITC's decision to institute this investigation. The Samsung agreement established an important industry benchmark for the value of our IP. We intend to continue our enforcement efforts against unauthorized users such as Micron."

The takeaway: a potential import ban on DDR5 server memory would ripple through the supply chains of three large systems vendors named as respondents alongside Micron.

What else happened this week?

Data security company Cyera announced a $400 million extension to its Series G from Growth Equity at Goldman Sachs Alternatives, with the round led by Evolution Equity. The funding supports Cyera's AI Security product roadmap, deeper expansion in the federal market, and international growth across EMEA and APAC. The company is building a unified platform that governs access for humans, machines, and AI agents across the enterprise.

VergeIO, which supplies the VergeOS private cloud OS, has appointed Parag Patel as CEO. He succeeds Yan Ness, who remains on the board. Patel spent 14 years at VMware, finishing as VP of worldwide sales for hyperconverged software. "We are in the midst of a breathtaking data center renaissance," Patel said. "Every company rebuilding its data center for the AI era is discovering the same thing: you can't bolt AI-readiness onto an infrastructure stack that's already complicated."

Perforce launched AI-powered Delphix Synthetic Data, which lets developers and AI agents generate realistic, scenario-specific test data through a natural-language prompt interface in seconds.

What comes next?

Everpure's fiscal 2028 targets now set the bar for the enterprise storage sector, while the Netlist ITC case threatens to disrupt DDR5 RDIMM and MRDIMM supply into the US market if the commission finds infringement.