Seagate Technology (STX) Tops Q4 EPS by 8c; Offers Guidance
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Seagate Technology (STX) 'AI investment to hurt cloud storage spending' - Summit Insights Group
July 27, 2023 11:28 AM EDTSummit Insights Group downgraded shares of Seagate Technology (NASDAQ: STX) to Sell in a note to clients on Thursday due to potential headwinds resulting from its AI investment.
Analyst Kinngai Chann said the company's AI investment and HAMR-based HDD transition could... More
