TechSeagate forecasts upbeat quarter on strong AI-driven storage demand

Seagate Technology expects quarterly revenue and profit to come in above estimates. The company is benefiting from strong demand for its high-capacity hard disk drives as AI infrastructure expands rapidly. The forecast reflects continued momentum from AI-related construction and investment in data-storage capacity.

Seagate TechnologyAI infrastructurehard disk drivesstorage demand

RReuters★★☆☆☆2026-07-29 00:01Original