NEW YORK (AP) — President Donald Trump's administration is taking control of the $7 billion reconstruction project for New York City's busy but aging Penn Station, sidelining the city's mass transit agency, the transportation chief said Thursday.
State and city officials have sought for years to remake the country’s busiest rail hub, which is beleaguered by problems ranging from aging tracks to dreary commuter passageways.
Department of Transportation Secretary Sean Duffy said his agency could deliver a world-class Penn Station by working with Amtrak, the federally chartered railroad company that owns the midtown Manhattan hub. Duffy said he was withdrawing the Metropolitan Transportation Authority as lead for the reconstruction project.
“New York City deserves a Penn Station that reflects America’s greatness and is safe and clean. The MTA’s history of inefficiency, waste, and mismanagement also meant that a new approach is needed," Duffy said in a prepared release.
The administration did not immediately provide details of how the reconstruction would proceed or how long it would take.
Gov. Kathy Hochul called the move “a major victory for New Yorkers” that would save them tax money. Hochul said she had asked Trump for federal funding.
“I want to thank the President and Secretary Duffy for taking on the sole responsibility to deliver the beautiful new $7 billion station that New Yorkers deserve,” Hochul said in a prepared release.
Authority Chair and CEO Janno Lieber said he was glad the federal government was focusing on the project, and that he expected the MTA to participate in the plans as the station's major leaseholder.
Duffy has recently clashed with the transit agency over crime on the city’s subways and the $9 congestion toll on drivers entering the most traffic-snarled parts of Manhattan. Federal authorities have set a Sunday deadline to end the congestion tolls.
FILE - Commuters walk through the West End Concourse to access the Long Island Rail Road and Penn Station in New York, June 15, 2017. (AP Photo/Frank Franklin II, File)
TOKYO--(BUSINESS WIRE)--May 16, 2025--
Kioxia Corporation, a world leader in memory solutions, today announced the development and prototype demonstration of its new KIOXIA CM9 Series PCIe ® 5.0 NVMe™ SSDs. These next-generation drives are the first enterprise SSDs built with Kioxia’s 8th generation BiCS FLASH™ TLC-based 3D flash memory 1, which incorporates CMOS directly Bonded to Array (CBA) technology – an architectural innovation that delivers significant advances in power efficiency, performance and density, and sustainability, while doubling available capacity 2 per flash device.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250515911055/en/
As the demands of modern computing intensify, applications such as AI, machine learning, and high-performance computing require a sophisticated solid state storage infrastructure – requiring not only enterprise-class performance, but also higher power efficiency to ensure scalability and manageable operational costs. Addressing these requirements is central to the design of the KIOXIA CM9 Series, which is purpose-built to support next-generation data center workloads.
At the core of the CM9 Series is Kioxia’s 8th generation BiCS FLASH™, the company’s most advanced 3D flash memory to date. This technology employs a CBA-based architecture that significantly increases the NAND interface speed, enhances density and power efficiency and lowers latency – directly benefitting SSD performance.
KIOXIA CM9 Series SSDs deliver performance improvements of up to approximately 65% in random write, 55% in random read, and 95% in sequential write compared to the previous generation, the KIOXIA CM7 Series. In addition, performance-per-watt gains include approximately 55% better sequential read and 75% better sequential write efficiency.
KIOXIA CM9 Series SSD highlights include (preliminary and subject to change):
KIOXIA CM9 Series SSDs are now sampling to select customers and will be showcased at Dell Technologies World, taking place May 19 – 22 in Las Vegas.
Notes
1: As of May 15, 2025. Source: Kioxia Corporation.
2: Compared to the previous generation.
About Kioxia
Kioxia is a world leader in memory solutions, dedicated to the development, production and sale of flash memory and solid-state drives (SSDs). In April 2017, its predecessor Toshiba Memory was spun off from Toshiba Corporation, the company that invented NAND flash memory in 1987. Kioxia is committed to uplifting the world with “memory” by offering products, services and systems that create choice for customers and memory-based value for society. Kioxia's innovative 3D flash memory technology, BiCS FLASH™, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, automotive systems, data centers and generative AI systems.
Customer Inquiries:
Kioxia Group
Global Sales Offices
https://www.kioxia.com/en-jp/business/buy/global-sales.html
*Information in this document, including product prices and specifications, content of services and contact information, is correct on the date of the announcement but is subject to change without prior notice.
KIOXIA CM9 Series SSD
