Tech Company Solidigm Invests Over $100M to Expand Rancho Cordova Operations

The data storage firm is growing its global headquarters and research labs in the Sacramento suburb.

Apr. 8, 2026 at 5:41am

A highly detailed, glowing 3D illustration of a Solidigm solid-state drive, with neon cyan and magenta lights illuminating the intricate internal components and circuitry, symbolizing the power and complexity of data storage technology powering AI advancements.Solidigm's high-capacity solid-state drives are fueling the data storage needs of the AI revolution.Rancho Cordova Today

Solidigm, a Rancho Cordova-based tech company that produces solid-state drives for data storage and AI applications, is investing over $100 million to expand its global headquarters and research facilities in the Sacramento suburb. The company, founded four years ago by former Intel employees, says the expansion will fuel memory and storage advancements and create new high-tech jobs in the region.

Why it matters

Solidigm's investment in Rancho Cordova comes as a bright spot amid broader economic uncertainty, with some businesses in the Greater Sacramento area announcing layoffs and closures. The expansion positions Rancho Cordova as a growing hub for artificial intelligence and data storage technology, aligning with the city's efforts to attract more high-tech companies and jobs.

The details

Solidigm's global headquarters and research labs are located on a four-building campus in Rancho Cordova, just a block from City Hall. The company is investing $75 million to modernize its R&D center and $30 million to upgrade its office space, for a total of over $100 million in new capabilities. Solidigm's solid-state drives can store up to 122 terabytes of data, enough to hold the entire Wikipedia text database 5,000 times. The company says this technology is crucial for powering advancements in artificial intelligence.

  • Solidigm was founded four years ago.
  • The company is now expanding its Rancho Cordova operations.

The players

Solidigm

A tech company that produces solid-state drives for data storage and AI applications. Solidigm's global headquarters and research labs are located in Rancho Cordova, California.

Ashraf Abdelwly

Solidigm's corporate services chief.

Amanda Norton

Rancho Cordova's economic development director.

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What they’re saying

“The more you generate data, the more you need to store it, the more you need to process it, and that is where Solidigm comes in.”

— Ashraf Abdelwly, Solidigm Corporate Services Chief

“They bring good-paying jobs and also provide jobs for our local residents.”

— Amanda Norton, Rancho Cordova Economic Development Director

What’s next

Rancho Cordova officials are hoping Solidigm's expansion will help attract more high-tech companies to the region, as the city positions itself as a leader in artificial intelligence jobs.

The takeaway

Solidigm's $100 million investment in Rancho Cordova underscores the city's growing reputation as a hub for data storage and AI technology, even as some businesses in the region face economic headwinds. The expansion is expected to create new high-paying jobs and further cement Rancho Cordova's status as an attractive destination for the tech industry.