Seagate Warns Storage Crunch Is Worsening, Expects Billions of AI Agents to Drive a New Data Boom: CEO Says 'Absolutely Everything' We Can Make Is Being Spoken For
Seagate CFO warns the AI storage crunch is worsening, stating the 'supply-demand gap is probably growing' amid surging Q1 cloud demand.
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Why It Matters
Seagate says people need way more storage because of AI. Companies are buying all the hard drives they can make right now.
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