Which of the following statements about SSD data storage is true?

The statement that SSDs have no moving parts is true and highlights one of the fundamental differences between SSDs (Solid State Drives) and HDDs (Hard Disk Drives). SSDs utilize NAND flash memory to store data, which allows for faster access speeds and quicker retrieval times compared to HDDs that rely on mechanical components, like spinning disks and read/write heads. The lack of moving parts in SSDs contributes to their durability, lower power consumption, and increased performance, especially in high-demand applications.

The other statements do not accurately represent the characteristics of SSDs. For instance, while SSDs are generally faster than HDDs during data retrieval, they can be more expensive upfront, but the long-term costs can vary based on usage. Additionally, SSDs fundamentally do not use magnetic storage technology, which is a characteristic of traditional HDDs. This distinction is crucial for understanding the advantages and capabilities of SSD technology.