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The Latest Breaking News from Dave Mosley

Seagate Stock Plunges on Executive Warnings. Why Lead Times Matter so Much for STX Here.

Seagate’s shares tumbled after the CEO recently warned that rising lead times and manufacturing complexity could reshape how quickly the storage giant meets booming AI-driven demand.

Barchart

Nasdaq Drops as Tech Stocks Slide: Stock Market Today

Rising bond yields and supply crunch concerns weighed on the tech sector ahead of Nvidia's big earnings event.

Kiplinger

The Bull Case Is Now the Base Case for Seagate Technology Stock After Major Earnings Blowout

CEO Dave Mosley characterized the current environment as “a new era of structural growth,” emphasizing that AI applications are amplifying data creation across video, cloud platforms, and agentic AI workloads.

Barchart

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S&P 500 Tops 7,000, Fed Pauses Rate Cuts: Stock Market Today

Investors, traders and speculators will probably have to wait until after Jerome Powell steps down for the next Fed rate cut.

Kiplinger

Seagate CEO hints at 150TB hard drives thanks to novel 15TB platters, but notes it won't happen for another decade

Seagate outlines long-term vision for 150TB hard drives, powered by 15TB platters and HAMR technology, with commercial readiness at least a decade away.

TechRadar

Seagate unveils 36TB HAMR hard drive: Mozaic 3+ extended

Seagate is sampling 36TB HDDs with select customers, demonstrates platters set to enable 60TB HDDs.

Tom’s Hardware

30TB hard drives are nearly here — Seagate’s Mozaic 3+ HAMR platform to provide the next jump in HDD capacities

Seagate unveils HAMR HDD platform for 30TB+ HDDs with new media, new heads, and a new controller.

Tom’s Hardware

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Seagate's HAMR Update: 32 TB in Early 2024, 40+ TB Two Years Later

Hidden deep in Seagate's financial report released late last month was a brief roadmap update for the company's heat-assisted magnetic recording (HAMR) technology. As noted in the latest update, Seagate is now planning to begin mass production of its 32 TB HAMR in early 2024, which is a slight delay…

AnandTech

Seagate Ramping 32TB HAMR HDD in Q1, 40TB+ HDDs in 2025

Seagate updates its HAMR roadmap with 32TB, 40TB+ hard drives in investor documents.

Tom’s Hardware

Seagate Is Now Shipping Commercial HAMR HDDs

The HAMR HDD era has begun, but PMR and SMR drives will continue to ship for years.

Tom’s Hardware

Seagate Ships First 30TB+ HAMR Hard Drives

Seagate to recognize revenue shipments of 30TB+ HDD-based Exos Corvault systems this quarter.

Tom’s Hardware

Seagate Misses Q3 Consensus Due To Macro Headwinds On Video and Image Applications; Bets On Cloud

Seagate Technology Holdings PLC (NASDAQ:STX) reported third-quarter FY22 revenue growth of 2.6% year-on-year to $2.80 billion missing the consensus of $2.81 billion. The non-GAAP gross margin expanded 180 bps to 29.2%. The non-GAAP operating margin expanded 140 bps to 16.8%. Non-GAAP EPS of $1.81 missed the consensus of $1.89. Seagate generated $460 million…

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