Seagate Technology (STX) stock rallied 4.03% to $324.86 after confirming the global shipment of its new high-capacity hard drives, significantly outpacing the broader market as investors priced in the commercialization success.
- The drives confirmed to be shipping globally include the industry-leading 32TB Exos, SkyHawk AI, and IronWolf Pro hard drives.
- These mass-capacity drives utilize Seagate's Mozaic technology to meet the surging demand driven by AI video analytics and data center expansion.