Seagate Technology on Tuesday forecast third-quarter revenue below analysts' estimates, expecting sluggish sales for its storage devices used in personal computers as the PC market struggles to bounce ...
Analysts have said that in 2025, cloud providers' growing investment in infrastructure to support generative AI development could help buoy sales for Seagate, which supplies disk drives used to ...
Jan 21 (Reuters) - Seagate Technology (STX.O), opens new tab on Tuesday forecast third-quarter revenue below analysts' estimates, expecting sluggish sales for its storage devices used in personal ...
--(BUSINESS WIRE)--According to a recent, global Recon Analytics survey 1 commissioned by Seagate Technology ... in particular cloud-based storage. With hard drives delivering scalability relative ...
The analysts said accelerating data growth is pushing up demand for storage both in the cloud and on-premises, which benefits Seagate. Morgan Stanley lifted its price target to $134 from $129 ...