US stocks of chip, memory, and storage makers fell sharply on Thursday; SNDK closed down 12.63%, STX 10%, Western Digital 9.15%, Intel 5.84%, and Micron 5.65%
Investors pull away from shares in companies that have led markets higher this year — Investors have dumped US tech stocks …
Micron and Sandisk led a tech selloff on June 23, falling 13%+ each; Western Digital fell 8%, Marvell 9%, Seagate 5%, Qualcomm 8%, and Applied Materials 8%
One analyst says investors are merely taking a ‘breather’ from buzzy tech stocks, following sharp year-to-date gains and ahead …
Seagate closed down 6.87% on May 18, leading a group-wide sell-off after CEO Dave Mosley's comments raised concerns it won't be able to meet demand fueled by AI
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 …
Seagate reports Q3 revenue up 44% YoY to $3.11B, above $2.96B est., and forecasts Q4 revenue and adjusted EPS above estimates; STX jumps 15%+
Seagate Technology (STX.O) forecast fourth-quarter revenue and profit above Wall Street expectations on Tuesday, betting on strong demand …
Seagate reports Q3 revenue up 44% YoY to $3.11B, vs. $2.96B est., and forecasts Q4 revenue and adjusted EPS above estimates; STX jumps 13%+ after hours
Seagate Technology (STX.O) forecast fourth-quarter revenue and profit above Wall Street expectations on Tuesday, betting on strong demand …
Seagate reports Q2 revenue up 22% YoY to $2.83B, vs. $2.73B est., forecasts Q3 results above estimates on strong data storage demand; STX jumps 8%+
Seagate reports Q2 revenue up 22% YoY to $2.83B, vs. $2.73B est., forecasts Q3 results above estimates on strong data storage demand; STX jumps 8%+ after hours
Despite dire projections of PC and phone memory shortages, producers like Micron will proceed cautiously in adding new capacity, ever mindful of past downcycles
Sandisk, Western Digital, Seagate and Micron need to keep undershooting demand — The world needs a lot more memory chips and hard drives.
Data storage stocks led the S&P 500 in 2025, with SanDisk up 560%+ to become the top performer, followed by Western Digital in second and Seagate in fourth
The artificial intelligence trade is moving, and investors seeking cutting-edge ways to play it are snapping up technology …