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AI Infrastructure Surge Fuels Massive Cloud Storage and Data Center Growth

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Seagate Technology surges amid surging AI infrastructure demand for high-capacity HDD storage.
  • Strong HAMR adoption, record cash flows, and raised earnings estimates underscore solid momentum across cloud data centers, reinforcing broad secular growth tailwinds across the wider AI hardware and semiconductor ecosystem.
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