Why NetApp (NTAP) Is Up 13.1% After Deepening Its Role in Google’s Air-Gapped AI Cloud

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NetApp’s stock rose 13.1% after it announced an expanded four-year Enterprise Agreement with Google Cloud to integrate its storage solutions into Google Distributed Cloud air-gapped platforms. This collaboration positions NetApp centrally in secure, AI-enabled private cloud deployments, allowing organizations to run Gemini-powered generative AI on-premises while maintaining strict data control. The agreement reinforces NetApp’s relevance in data management across hybrid and sovereign cloud environments, with an earnings report on May 28 and competition from hyperscalers being key near-term factors.

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