Seagate Technology Holdings plc is positioned for strong growth, driven by surging demand for cloud, edge, and AI-related data storage solutions. STX benefits from a build-to-order strategy, improved margins, and robust international growth prospects amid increasing regionalized data center requirements and AI adoption. Management plans to resume share repurchases and maintain dividends, suppor...
Shares of two data storage providers were among the top performers in the benchmark index to kick off the trading week on signs of booming demand for artificial intelligence. Meanwhile, shares of a major packaged food company came under pressure after an analyst cautioned that price hikes were weighing on sales volumes.
Shares of Seagate Technology have soared in 2025, cementing the company as the year's strongest performer in the S&P 500. The American data storage firm, best known for its mass-capacity hard disk drives, has seen its stock jump 146% this year, far outpacing other high-growth peers.
What would be your first guess if you were told the S&P 500's biggest gainer of the year was an artificial intelligence play? Before reading this headline, it would've likely been Palantir, NVIDIA, or maybe Broadcom.
Many artificial intelligence (AI) stocks have zoomed higher over the last three years, following the introduction of OpenAI's ChatGPT. One of the biggest winners, by far, has been Palantir Technologies (PLTR 2.70%).
Seagate Technology Holdings plc (NASDAQ:STX ) Goldman Sachs Communicopia + Technology Conference 2025 September 8, 2025 1:10 PM EDT Company Participants Gianluca Romano - Executive VP & CFO Conference Call Participants James Schneider - Goldman Sachs Group, Inc., Research Division Presentation James Schneider Senior Research Analyst Okay. With that, let's get started.
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