Is Accelerating AI Data Storage Demand Reshaping the Investment Case for Seagate Technology (STX)?
Earlier this week, analysts highlighted Seagate Technology as one of the beneficiaries of accelerating demand for AI-driven data storage, with the transition to high-capacity solutions for data centers receiving particular attention. An interesting development is Seagate’s increased appeal to aggressive growth investors, driven in part by rising gross margins, improving free cash flow and the…