🔴 Seagate Technology is trading 4.1% down today amid pressure across AI-linked hardware stocks

Seagate Technology is trading 4.1% down now at $772.62 after continued pressure across AI-linked hardware stocks.

• Memory-chip stocks are down 7.35% following calls from Anthropic and OpenAI leaders to slow advanced AI development, prompting investors to reassess aggressive AI-infrastructure spending expectations.
• Broader risk-off conditions pushed the Nasdaq Composite down 0.72% and the S&P 500 down 0.50%, while Treasury yields reached 5.02%.
• No new major Seagate-specific announcement was identified for September 15, 2026.