🟢 Seagate Technology PLC is trading 5.1% up today as investors rotate back into AI-exposed storage names

Seagate Technology PLC is trading 5.1% up today at $890.78 as investors rotate back into AI-exposed storage names following last week’s pullback.

• The move builds on a recent post-earnings rally and bullish commentary regarding strong AI-led demand and long-term cloud contracts.
• Sentiment is further supported by expected margin benefits from HAMR technology and cost reductions, alongside a broader rebound in the technology sector.