The company serves various markets, including personal computing, enterprise storage, and cloud infrastructure. Seagate’s product offerings include internal and external drives for consumer and ...
Seagate is witnessing mass capacity demand improvement with nearline cloud demand picking up pace. In the last reported quarter, mass capacity revenues surged 46% year over year to $1.44 billion ...
(Reuters) - Seagate Technology forecast second-quarter profit above Wall Street estimates and beat quarterly results on Tuesday, owing to the significant increase in cloud demand from global ...
Seagate forecast second-quarter adjusted profit of $1.85 per share, with a margin of 20 cents either way, compared with estimates of $1.73, according to data compiled by LSEG. Seagate Technology ...
The firm's assessment was based on Seagate's reported results which surpassed expectations, primarily fueled by strong cloud demand. In the first quarter of fiscal year 2025, U.S. cloud service ...
Seagate Technology Holdings PLC (NASDAQ:STX), a leading provider of data storage solutions, has been experiencing a resurgence in demand driven by cloud computing and artificial intelligence (AI ...