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Seagate shares drop 6.87%, leading a group-wide sell-off after comments from its CEO raised concerns it won't be able to meet demand fueled by the AI buildout

Shares of memory chip maker Seagate slipped more than 8% Monday, leading a group-wide sell-off after comments from CEO Dave Mosley raised concerns …

CNBC CJ Haddad

Discussion

  • r/wallstreetbets r on reddit
    Seagate leads memory sell-off as CEO says it would ‘take too long’ to build new factories
  • r/BetterOffline r on reddit
    Seagate leads memory sell-off as CEO says it would ‘take too long’ to build new factories