Seagate Hits Record Margins Amid AI Storage Boom
Seagate beats Q4 earnings estimates as AI-driven data center demand pushes revenue higher, margins hit records, and storage growth accelerates.
Seagate made more money than expected because companies building AI computers need lots of storage space for data. When a company's profits grow faster than its sales, it shows they're running their business really well.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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