Why Seagate Technologies Rallied Double Digits This Week
Key Points Seagate received several price target hikes this week. Channel checks show prices for storage are rising to satisfy artificial intelligence (AI) inference demand. Seagate's 155% year-to-date returns have trounced even more popular AI names. 10 stocks we like better than Seagate Technology Plc › Shares of hard disk drive manufacturer Seagate Technology (NASDAQ: STX) rallied this week, up 11.8% this week through 1:54 p.m. ET Friday, according to data from S&P Global Market Intelligence. ...