Seagate Technology is trading 4.9% up now at $898.38 as memory-chip stocks rebound on bullish analyst commentary regarding pricing and long-term demand.
- The broader DRAM and memory segment is rallying following a supportive SemiAnalysis report highlighting SK Hynix’s strong pricing power and profitability.
- Upbeat demand forecasts for the sector are lifting related storage and memory names like Seagate alongside the broader industry move.