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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…
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