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Headlines · 6
- Seagate's 2028 nearline HDD capacity reportedly nearly sold out
A report states that Seagate's 2028 nearline hard-drive production capacity has been nearly sold out.
DoNews · 🔥 0 - Seagate Q1 Revenue Jumps 61%, Net Profit Triples
Seagate reported fiscal 2027 first-quarter revenue of $4.233 billion, up 61.01% year over year, and attributable net profit of $1.761 billion, up 220.77%, according to IT之家 AI and DoNews. 36氪, citing Sina Finance, said revenue exceeded the analyst average of $4.11 billion and adjusted earnings per share of $7.68 surpassed the $7.39 expectation. The reports attributed part of the stronger demand for Seagate’s data-storage components to continued AI infrastructure buildout.
IT之家 AI · 🔥 0 - Memory and Storage Stocks Keep Sliding Despite Blowout Earnings
Sandisk, Micron, Seagate and Western Digital, among the biggest stock winners of early 2026, have fallen into the bottom 10% of the S&P 500 since the end of June, Bloomberg reported. Sandisk and Western Digital have dropped more than 44% since the start of July, Seagate 33% and Micron 22%, though all four remain up for the year, led by Sandisk's gain of nearly 430%. Western Digital beat forecasts last Thursday with revenue up 55% to $4.38 billion and raised its dividend by 17%, yet its shares fell 3% on Friday. Investors are questioning how long debt-funded AI spending can last, and Gartner warned this month that more than $3.5 trillion of AI infrastructure spending could face write-downs by 2030; South Korea's SK Hynix has already lost about half its value between June and August.
The Next Web · 🔥 0 - AI Data Growth Drives an HDD Market Reversal
A report from Dolphin Research says AI-generated data is increasing demand for high-capacity HDDs, which it describes as the final resting place for most long-term cloud data. It reports that HDD industry revenue rose 47% year over year in Q2 2026, with shipment capacity up 29% and average price per GB up 14%. The analysis also examines HAMR technology, constrained component supply, and pricing power across Seagate, Western Digital and Toshiba.
虎嗅 AI · 🔥 0 - AI data-center demand drives up hard disk drive prices
A syndicated feature from Huxiu AI, originally by Crazy Tech Hall, reports that hard disk drive prices have climbed over the past two years as AI data centers and cloud storage demand absorb supply. An advertising production worker said a 16TB HDD that once cost 1,000–2,000 yuan now generally costs 3,000–4,000 yuan, with some brands at 5,000–6,000 yuan, while some 24TB drives sell for 6,000–8,000 yuan. The report cites Western Digital's fiscal 2026 figures showing cloud and enterprise customers at 89% of revenue versus 5% for consumer, with cloud capacity shipped up 27% and consumer capacity up 1% while average selling price per unit of storage capacity rose 12%; Seagate said about 90% of its shipped capacity came from high-capacity cloud and enterprise products and that most data-center nearline HDD supply is arranged through long-term agreements into 2028.
虎嗅 AI · 🔥 0 - Toshiba ships nearline HDDs from expanded Philippine plant as AI storage demand surges
Toshiba has begun shipping nearline hard drives from its expanded Laguna Technopark line in the Philippines, announced Oct. 2, and aims to nearly double the site's annual output measured by total storage capacity by fiscal 2027 versus fiscal 2025. The Philippine government said the multi-billion-peso investment will span three years and create about 3,000 jobs, while press reports citing Nikkei put the figure at roughly ¥60 billion ($380 million). Toshiba also plans 65TB-class drives around 2030, followed later by 100TB models.
TechRadar · 🔥 0
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