Seagate Technology ($STX): A Key Player in the AI Revolution

13 paź

Seagate is emerging as a critical supplier for AI and cloud computing with its high-capacity disk drives, making up 83% of its hard drive sales last quarter. As AI computing demands balloon, the need for mass-capacity storage solutions is surging. Demand for near-line cloud storage doubled in the last quarter, driven by both traditional cloud workloads and new AI applications.

While we're still in the early innings of AI demand, the potential for big data applications is massive. Keep an eye on STX as the AI revolution accelerates.