Search results for Seagate
Industry
Seagate CEO remarks on factory expansion time hit U.S. memory chip stocks
Shares of memory chip maker Seagate fell sharply on May 18 on worries it may not keep pace with memory demand from expanding AI investment. The selloff widened after CEO Dave Mosley said building new factories or installing new equipment would take too long, and that boosting capacity could slow the pace of growth in current technology. The weakness spread across memory stocks including Micron, SanDisk and Western Digital.
AI & Enterprise
S&P 500 AI-related stocks near 45 percent weight as megacap tech concentration raises warning sign
The weighting of artificial intelligence-related stocks in the S&P 500 has expanded to about 45 percent of market capitalisation, raising concerns that concentration in a handful of megacap technology stocks is becoming a key risk for U.S. equities. AI-linked companies already account for more than 40 percent of the index’s value. Analysts cite rising AI infrastructure spending, widening performance gaps and weaker diversification. Some warn that even a modest correction could trigger index deleveraging.
AI & Enterprise
Seagate launches AI-focused HAMR storage platform Seagate Mozaic 4+
Seagate Technology on Tuesday introduced its next-generation Seagate Mozaic 4+ storage platform based on heat-assisted magnetic recording (HAMR). The company said Mozaic 4+ has obtained certification from two hyperscale cloud providers and has entered mass production. Seagate said the certification, which supports up to 44TB, means the platform has been deployed at production scale in hyperscale environments. It is pursuing a roadmap toward higher per-disk capacity.
