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Seagate Technology Value Stock - Dividend - Research Selection

Seagate

ISIN: IE00BKVD2N49 , WKN: A3CQU7

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Description of the company

Seagate Technology plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. The company manufactures and distributes hard disk drives, solid state drives and their related controllers, solid state hybrid drives, and storage subsystems. Its products are used in enterprise servers and storage systems applications; client compute applications, primarily for desktop and mobile computing; and client non-compute applications, including various end user devices, such as portable external storage systems, surveillance systems, network-attached storage, digital video recorders, and gaming consoles. The company offers external backup storage solutions under the Backup Plus and Expansion product lines, as well as under the Maxtor and LaCie brand names available in capacities up to 120 terabytes. It sells its products primarily to original equipment manufacturers, distributors, and retailers. Seagate Technology plc was founded in 1979 and is headquartered in Dublin, Ireland.

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NEWS


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2026-10-02
Western Digital and Seagate shares fell in premarket trading after Nikkei reported that Toshiba outlined a $380 million expansion that would double its AI data-center hard-drive capacity by fiscal 2027.

Seagate Tumbles 10%, Western Digital Drops 7% as Toshiba Moves to Double Hard Disk Output

2026-10-02
A single capacity announcement from Toshiba sent two of this year's hottest storage stocks into freefall while the rest of the memory sector shrugged it off, and the reason behind that split tells you everything about where the HDD trade stands right now.

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Before the opening bell on Friday, let's take a glimpse of the US markets and explore the S&P500 top gainers and losers in today's pre-market session.

Western Digital, Seagate Stock Slide On AI Hard-Drive Competition Report

2026-10-02
Toshiba appears set to challenge the Seagate-Western Digital duopoly.

Seagate and Western Digital shares fall on Toshiba HDD expansion

2026-10-02
Investing.com -- Seagate Technology (NASDAQ) shares fell 11% on Friday, while Western Digital (NASDAQ) dropped 7%, after a report that Toshiba plans to significantly expand its hard disk drive production capacity to meet growing demand from AI data centers.

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Why Is Seagate Technology Stock Sinking Friday?

2026-10-02
Seagate (STX) stock slid 13% on HDD supply expansion news. Key technical analysis shows long-term bullish trends near key support.

Toshiba Wants to Double HDD Supply — Western Digital, Seagate Investors Don’t Like It

2026-10-02
Western Digital and Seagate stocks fall as Toshiba plans to double its AI data center HDD supply. Read full analysis.