Seagate Is Up 4.7% After Earnings: Everything You Need to Know

Core Insights - Seagate Technology (NASDAQ: STX) reported Q1 earnings that significantly exceeded expectations, indicating strong demand for high-capacity storage solutions linked to AI infrastructure development [1] Financial Performance - The company delivered a commanding earnings beat, showcasing robust financial health and operational efficiency [1] Market Demand - The results signal a growing demand for high-capacity storage, particularly in relation to the ongoing buildout of AI infrastructure [1]