Demand for Seagate's offerings continues to be strong. In its recent earnings call, management highlighted that the company's build-to-order pipeline (pre-booked customer orders, but produced as needed) for nearline hard drives (high-capacity hard disk drives designed for infrequently accessed enterprise data and used mainly in data centers) is already booked through mid-2026, with visibility extending into the second half of 2026. This kind of demand visibility shows that hyperscale customers are locking i ...