Seagate Technology is trading 3.75% down at $882.46 on September 28, 2026, amid concerns that slower AI development could weaken future data-center infrastructure demand.
- Reports that OpenAI paused training of some advanced models revived those concerns; Seagate and other storage names were lower in premarket trading.
- Rising oil prices and Treasury yields weighed on markets, alongside profit-taking after the sector’s rally.
- No distinct Seagate-specific announcement was identified.