Data storage firms Western Digital, Seagate soar on AI-driven demand spike

Core Viewpoint - Data storage companies like Seagate and Western Digital have significantly outperformed the broader market this year due to the high demand for hard drives driven by the global race to scale data storage capabilities [1] Group 1: Company Performance - Shares of Seagate and Western Digital have shown sharp increases, indicating strong market performance [1] - The demand for hard drives has surged, contributing to the positive performance of these companies [1] Group 2: Industry Demand - There is a staggering demand for hard drives globally, which is a key factor in the growth of data storage companies [1] - The ongoing global race to scale data storage capabilities is fueling this demand, highlighting the industry's growth potential [1]