STX — Seagate Technology Holdings plc

Technology · Computer Hardware

About Seagate Technology Holdings plc

Seagate Technology Holdings plc engages in providing data storage solutions in Singapore, the United States, the Netherlands, and internationally. The company offers External and internal hard drives; external and internal solid-state drives (SSDs); enterprise hard drives and SSDs; data storage systems; network attached storage (NAS) hard drives; video and analytics hard drives; and hyperscale and cloud solution. It offers its products for Healthcare, Media & Entertainment, Surveillance & Security, and telecommunication industry. The company sells its products primarily to original equipment manufacturers, distributors, and retailers. The company was founded in 1978 and is based in Singapore.

The AI hardware & storage industry

This layer sells the machines, materials and hardware that make and connect AI systems — semiconductor manufacturing equipment, networking, optics, memory and servers. It is a concentrated, “picks-and-shovels” business one level below the chipmakers. As AI pushes fabs to expand and data centers to scale, demand rises, though the equipment side is cyclical and heavily exposed to China export restrictions. Seagate sells mass-capacity hard drives into cloud and AI data centers, where exabyte-scale storage demand is the AI hook.

Key data · delayed ~15 min, as of 14 September 2026

Valuation read

What the price implies: the market is pricing in roughly ~1%/yr earnings growth (modest), on a reverse-DCF of forward earnings ($55.37). Run your own assumptions in the fair-value calculator.

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Market data is delayed ~15 minutes and provided for education, not as financial advice. "Hot" means attention, not direction.