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Seagate Technology Holdings plc
STXTechnologyNASDAQSG
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MU, SNDK, STX, DELL and FIX are five large AI-centric growth stocks benefiting from massive AI infrastructure spending.
Seagate Technology (STX) is bucking the broader market selloff today, earlier tapping a record high of $966.80. The stock is heading for its ninth daily gain in 10 sessions, adding to its lofty 242% year-to-date win.
Seagate Technology Holdings plc (STX) Presents at Bank of America 2026 Global Technology Conference Transcript
The stock market keeps climbing, and investors have every reason to feel optimistic. The S&P 500 closed this week with a modest 0.2% gain on Friday, enough to extend its winning streak to nine consecutive weeks. Since the market bottomed on March 30, the benchmark index has surged 19.5%, adding roughly $11 trillion in market... History Says the S&P 500's 9-Week Rally Is Rare. It May Be Even Rarer Than You Think
Stanley Druckenmiller just made a few portfolio moves that Wall Street is watching rather closely. The billionaire founder of Duquesne Family Office – widely regarded as the most influential active money manager since Warren Buffett's retirement – has completely exited his position in Alphabet and piled into five AI hardware stocks instead.
The legendary investor rotated out of a Magnificent Seven leader and into the picks-and-shovels of the AI build-out. But should you follow him?
Seagate (STX) reported earnings 30 days ago. What's next for the stock?
SINGAPORE--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX) (“Seagate” or “Company”) and Seagate HDD Cayman, a subsidiary of Seagate (“Seagate HDD”) today announced that on May 27, 2026, the Company closed the previously announced privately negotiated exchanges (the “exchanges”) of $185.908 million principal amount of Seagate HDD's 3.50% Exchangeable Senior Notes due 2028 (the “notes”) for aggregate consideration consisting of $185.908 million in cash and approximately 2.02 millio.
I am reiterating Seagate with a strong buy because my original thesis has not changed. It has improved. I argued that HAMR would change STX's earnings power. That view is being confirmed by Mozaic 4+ qualifications, stronger hyperscale demand, and record margin performance. The main growth drivers are nearline capacity allocation through CY27, Mozaic 4+ becoming a larger part of HAMR exabyte shipments, and AI-driven data center storage demand.
Seagate Technology Holdings plc (STX) Presents at TD Cowen's 54th Annual Technology, Media & Telecom Conference Transcript
STX's AI-driven storage boom, strong cash flow and HAMR innovation are boosting growth as NTAP faces slower IT spending and cloud pressures.
MU tops a $1T valuation as booming AI demand and chip shortages lift memory and storage stocks like WDC, SNDK and STX.
This new ETF is up 90% in less than two months.
On a recent episode of the Earn Your Leisure podcast titled "The AI Boom Isn't Over! Micron Technology Just Proved It!", a panelist from the Market Moneys platform celebrated a multi-year call on memory that has paid off in spectacular fashion with a 2,000% personal return on Micron. The show also discussed the more important... Micron Technology Delivered 2,000% Return for One Investor as Memory Shortage Fuels AI Rally
Does Seagate (STX) have what it takes to be a top stock pick for momentum investors? Let's find out.
Artificial intelligence is turning the semiconductor industry upside down.
STX hits record 47% gross margin on $3.1B Q3 revenue as HAMR Mozaic drives, tight supply and FY27 pricing deals lift cash flow.
SINGAPORE--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX) (“Seagate” or “us”) and Seagate HDD Cayman, a subsidiary of Seagate (“Seagate HDD”) today announced that on May 20, 2026, they entered into separate, privately negotiated exchange agreements with a limited number of holders of Seagate HDD's 3.50% Exchangeable Senior Notes due 2028 (the “notes”) to exchange (collectively, the “exchanges”) $185.908 million principal amount of notes for consideration consisting of an aggrega.
Seagate (STX) could produce exceptional returns because of its solid growth attributes.
Stanley Druckenmiller's Duquesne Family Office exited its entire Alphabet position in the first quarter of 2026 and rotated the capital into three AI hardware “picks-and-shovels” names: SanDisk, Micron Technology, and Seagate Technology, according to recently reported 13F filings.
The AI memory-chip trade may be entering its next speculative phase. After leveraged ETF filings were tied to the booming Micron Technology Inc (NASDAQ:MU)-led memory rally, ETF issuers are now moving into structured-product territory.
Seagate Technology Holdings PLC (NASDAQ:STX) shares are trading lower Tuesday after the company's CEO recently raised concerns about the company's capacity to meet rising demand for memory chips due to AI expansion. This has also caused peers within the sector to pull back.
Seagate Technology Holdings plc remains a Strong Buy, with the recent price drop seen as a compelling buying opportunity amid market overreaction. STX's strategy prioritizes technological innovation—HAMR Mozaic density gains—over capital-intensive factory expansion, driving unprecedented margin expansion and revenue visibility through FY27. Long-term contracts have effectively sold out nearline capacity through 2027, with Q3 FY26 results showing 44% YoY revenue growth and record $953M free cash flow.
Duquesne's billionaire boss jettisoned the hottest member of the "Magnificent Seven" in favor of an unstoppable trio profiting from the insatiable demand for AI hardware.
Shares of Seagate Technology (STX) fell sharply on Monday after comments from CEO Dave Mosley raised investor concerns that the company may struggle to keep pace with surging artificial-intelligence-related demand for data storage solutions. Seagate shares dropped roughly 7% during trading after Mosley discussed the company's manufacturing strategy at the JPMorgan Global Technology, Media and Communications Conference.
Seagate Technology Holdings plc (STX) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
Shares of memory chip maker Seagate slipped, leading a group-wide selloff after comments from its CEO raised concerns that it won't be able to meet demand. Micron shares sank, along with both SanDisk and Western Digital.
STX rides the AI storage boom as demand for mass-capacity drives and Mozaic HAMR adoption fuel growth and margin expansion.
Seagate (STX 1.15%) has become one of the most surprising AI infrastructure winners, with surging revenue, record margins, and long-term hyperscale demand changing how investors may value the business. But after a massive run, the upside now depends on whether Mozaic 4+ can keep winning before solid-state drive competition becomes a bigger threat.
The Roundhill Memory ETF (CBOE: DRAM) continued its strong momentum last week, helped by the strong demand for memory products as the artificial intelligence (AI) boom continued.
Chart 1 Revenue Recovery Reflects Different Operating Models According to Chart 2, HDD revenues recovered sharply through 2024 and stabilized above $6 billion per quarter into early 2026.
Seagate is riding the AI storage boom as cloud demand, HAMR adoption and strong cash flow fuel growth despite valuation concerns.
Micron Technology (MU) led a broader rally in memory chip stocks on Wednesday, while SanDisk (SNDK), Western Digital (WDC) and Seagate Technology (STX) also mov
The explosive growth of artificial intelligence (AI) infrastructure has hit a critical constraint—memory chips—driving a newly launched ETF to staggering gains and pushing top semiconductor stocks to record heights.
Shares of the Roundhill Memory ETF (CBOE:DRAM) are extending a parabolic run, trading near $55.80 in Monday midday action and up about 6% on the day.
While the benchmark S&P 500 index is overall almost 8% in the green in 2026 and close to its all-time highs (ATH), there has been significant divergence between the performance of the various stocks contained within.
MU, CIEN, STX, FIVE and MUSA are large-cap growth stocks riding on AI demand, strong earnings growth and market momentum into May.
The incredible demand for hard disk drives and a favorable pricing environment have supercharged Seagate stock in 2026.
The CBOE Volatility Index (^VIX) is drifting back toward the 17 line as optimism returns to the S&P 500 and capital rotates into stocks.
SINGAPORE--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX) (the “Company” or “Seagate”), a leading innovator of mass-capacity data storage, announced today that Mike Cannon, Lead Independent Director, has informed the company of his decision to retire from Seagate's Board of Directors at the conclusion of his current term in October 2026. Cannon has served on the Board since February 2011, including five years as Lead Independent Director and five years as Board Chair. "It has be.
Does Seagate (STX) have what it takes to be a top stock pick for momentum investors? Let's find out.
Nvidia ( NASDAQ :NVDA | NVDA Price Prediction ) is up over 93% in the past year, though it is up less than 2% in the past six months.
Micron is helping to solve the energy crisis in AI.
SINGAPORE--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, announced that management is scheduled to participate in the following investor events: Event: J.P. Morgan 2026 Global Technology, Media and Communications Conference on Monday, May 18, 2026 Details: Presentation at 6:45 AM PT / 9:45 AM ET Event: TD Cowen 54th Annual Technology, Media and Telecom Conference on Wednesday, May 27, 2026 Details: Presentation at 6:40 AM PT.
Seagate (STX) could produce exceptional returns because of its solid growth attributes.
Seagate (STX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
STX, FORM and SIMO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 4, 2026.
Big Tech earnings reveal where $700 billion in AI spending is flowing - and why the biggest winners aren't the obvious stocks.
Seagate published its fiscal Q3 results this week and posted very strong numbers. The company's sales and earnings results beat Wall Street's expectations.
Some of the biggest surprises this quarter have come from companies powering the infrastructure behind AI buildouts. Three AI-adjacent names just posted results that shocked the market in a good way and pushed shares sharply higher.
I was dead wrong with my Hold rating on Seagate Technology Holdings plc earlier in February. Despite my valuation concerns and lower growth prospects, STX stock has outperformed memory peers, showing the market is willing to accept its richer premium for now. STX pricing power likely explained about $141 million of the $276 million sequential data center revenue increase in Q3 and lifted GAAP gross margin to 46.5%.
What a difference a month makes.
Sandisk forecast quarterly revenue above estimates on Thursday, joining peers Western Digital and Seagate in signaling that enterprise spending on data storage products used in artificial intelligence data centers remains strong.
Shares of Seagate Technology (NASDAQ:STX | STX Price Prediction) and Western Digital (NASDAQ:WDC) capped a blockbuster April with another leg higher Thursday afternoon.
Seagate Technology (NASDAQ:STX | STX Price Prediction) is the name lighting up screens this morning after a 17.13% earnings beat sent shares up roughly 13% after the close.
NVDA, MU, AVGO, WDC, VRT and peers stand to gain as Big Tech lifts AI capex to $725B by 2026, fueling demand for chips, memory, and data center infrastructure.
Looking for broad exposure to the Large Cap Growth segment of the US equity market? You should consider the First Trust NASDAQ-100 Select Equal Weight ETF (QQEW), a passively managed exchange traded fund launched on April 19, 2006.
Seagate Technology Holdings plc has doubled over the past year, driven by surging data center demand and hyperscaler capex. At current prices, STX trades at 34x FY26 and 23x FY27 P/E, reflecting peak earnings expectations. The hyperscaler capex boom, especially from Meta, is unsustainable and likely to peak by FY26 or FY27.
Demand for high-performance data storage solutions is soaring.
Western Digital Corp (NASDAQ:WDC) shares are soaring on Wednesday as investors pile into memory and storage names following Seagate Technology Holdings PLC's (NASDAQ:STX) much stronger‑than‑expected third‑quarter results.
