Seagate, Western Digital Face Supply Risks as AI Demand Drives Capacity Expansion
Seagate, Western Digital trade lower on Friday morning as investors weigh Toshiba HDD capacity expansions, rising Fed rate hike risks, and $1T hyperscaler capex limits.
Big computer companies are buying lots of hard drives for artificial intelligence. Investors are worried about whether these two storage companies can keep up with demand and make good money.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.