🔴 Seagate Technology PLC is trading 4.8% down today after Broadcom-led AI infrastructure selloff

Seagate Technology PLC is trading 4.8% down at $881.47 after a broad selloff in AI and tech infrastructure stocks.

• The move follows a disappointing market reaction to Broadcom's AI-related results, which has triggered a rotation out of high-beta growth names.
• The decline aligns with broader market weakness, as the NASDAQ Composite is currently down 1.86%.
• No company-specific negative news is evident for Seagate Technology PLC in current market reports.