Before you get too excited, that wasn't a typo in the title. It's really gigabits, not gigabytes. That means 8 bits for every byte, meaning that a 256 Gb (gigabit) NAND chip equates to a 32 GB (gigabyte) capacity. But now before you go belittling Samsung's announcement because of the numbers, what the consumer electronics company came up with is still a notable achievement. In practice, Samsung's new storage chips can double the capacity of existing SSD drives without doubling the size, which is definitely a huge win.