Seagate Technology Holdings plc (STX) Barclays 22nd Annual Global Technology Conference (Transcript)

Core Insights - Seagate Technology has successfully qualified its Heat-Assisted Magnetic Recording (HAMR) technology for use in cloud applications, addressing previous concerns about its suitability in this space [4]. Group 1: Company Updates - The CFO of Seagate, Gianluca Romano, provided updates on the company's progress with HAMR technology, highlighting its recent qualification for cloud applications after extensive collaboration with a customer [4]. - The company has previously explored various segments for HAMR, including Vidhan image applications and on-prem data centers, but has now confirmed its viability in the cloud sector [4]. Group 2: Conference Context - The updates were shared during the Barclays 22nd Annual Global Technology Conference, where Seagate's participation was noted as significant for investors and analysts [1][3]. - The conference included discussions on the company's manufacturing volume, indicating potential changes in production capacity [5].