Seagate Stock Surges on AI-Driven Data Storage Boom
Seagate Technology (STX) beats Q2 expectations and forecasts strong Q3 growth as AI demand drives data storage needs. Stock hits new highs with 35% YTD gains.
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Seagate Technology (STX) beats Q2 expectations and forecasts strong Q3 growth as AI demand drives data storage needs. Stock hits new highs with 35% YTD gains.
ASML announces 1,700 job cuts to streamline operations while reporting record €13.2B Q4 bookings driven by AI chip demand. Sales expected to grow to €34-39B in 2026.
F5 (FFIV) exceeded expectations with 7% Q1 revenue growth and raised annual forecasts despite October security breach. Stock surged 14% after hours on strong results.
Texas Instruments forecasts Q1 revenue above Wall Street expectations, signaling recovery in analog chip demand after market downturn.
D-Wave Quantum announces $20M system sale, defense partnership with Anduril and Davidson for missile defense, and $10M service deal—marking breakthrough after feeling sidelined by US government.
Satellite stocks like Planet Labs, Rocket Lab, and AST SpaceMobile are rising fast as governments invest more in independent space and defense systems.