Seagate(US:STX) Zhi Tong Cai Jing·2026-01-22 08:18Group 1 - BNP Paribas has released a list of preferred stocks in the AI sector for 2026, including Tianhong Technology (CLS.US), Arista Networks (ANET.US), and Credo Technologies (CRDO.US) [1] - Analyst Karl Ackerman stated that the growth of the AI industry continues, with long-term resilience in data center investments, and clearer industry prospects for servers, networks, and storage by 2026 [1] - The bank has raised performance expectations for core companies related to AI infrastructure bottlenecks, focusing on the optical module supply chain, storage chip manufacturers, and hard drive suppliers, leading to an upgrade of Seagate Technology (STX.US) to 'outperform' [1] Group 2 - BNP Paribas is optimistic about the aforementioned three companies, as well as Broadcom (AVGO.US) and Macom Technology Solutions (MTSI.US) [1] - The bank has also raised target prices and performance expectations for Micron Technology (MU.US), SanDisk (SNDK.US), Seagate, and Western Digital (WDC.US), citing a historic upcycle in the storage industry with rising prices for DRAM, NAND flash, and hard disk products [1] - The surge in storage chip prices is putting pressure on other segments of the semiconductor industry, leading to lowered target prices for Ingram Micro (INGM.US), Qorvo (QRVO.US), and Skyworks Solutions (SWKS.US) [2] - The demand for customized and GPU architecture AI servers is expected to drive the data center network market to nearly $120 billion by 2028 [2]