Seagate Soars on AI Storage Demand | Raleigh News

Seagate’s stock is soaring—up over 180% year-to-date—driven by explosive AI demand for massive storage. Their HAMR tech and Mozaic platform are turning them into a key AI infrastructure player, while strong finances and debt reduction fuel the momentum. Though Jim Cramer suggests trimming positions to lock in gains, especially for cash-strapped investors, it’s not a bearish signal on the company’s future. Upcoming earnings on July 28th could push the stock higher—or trigger a “sell the news” dip—depending on cloud demand and Mozaic 4 updates. Smart money management meets AI-driven growth. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4bc7aaea6cb13619