Latest Seagate Technology News & Updates

See the latest news and media coverage for Seagate. We track all announcements, press releases, and industry mentions in real time, all in one place.

Seagate Technology (Seagate)

Mass-capacity data storage provider

seagate.com

Headquarters: Fremont, United States
Founded year: 1979
Company type: Public company
Number of employees: 15,000+

Last updated Today

Latest news about Seagate Technology (Seagate)

In short: Seagate reported record margins and significant profit growth driven by surging demand for AI-scale data storage and its Mozaic HAMR technology.

Company announcements

June 11 Seagate

Seagate announces redemption of exchangeable notes

The company will redeem all outstanding 3.50% Exchangeable Senior Notes due 2028 for cash on September 8, 2026, and noteholders can exchange for shares before Sept 3.

May 28 Seagate

Seagate closes exchange of $185.9M notes for cash and shares

The privately negotiated exchanges retired the notes and issued about 2.02 million ordinary shares.

May 21 Seagate

Seagate exchanges $185.9 million in notes for cash and shares

The exchange agreements involve 3.50% Exchangeable Senior Notes due 2028, with expected closing on May 26, 2026.

May 1 Seagate

Seagate CEO discusses Q3 results on CNBC

He highlights disciplined execution and innovation positioning Seagate for long-term growth amid data storage supercycle.

Media coverage

Yesterday MSN

Why Seagate (STX) stock is falling today

What Happened? Shares of data storage manufacturer Seagate (NASDAQ:STX) fell 6% in the afternoon session after a report that ...

Yesterday Axios

Tech stocks slump as AI bubble fears loom

Tech stocks slump as fears about an AI bubble sap market momentum.

June 22 Markets Daily

Seagate Technology (NASDAQ:STX) Rating Lowered to Equal Weight at Fox Advisors - Markets Daily

Seagate Technology (NASDAQ:STX – Get Free Report) was downgraded by equities researchers at Fox Advisors from an “overweight” rating to an “equal weight” rating in...

June 18 Yahoo Finance

AI s Data Explosion Creates a Multi-Year Growth Runway for Seagate

STX is leveraging AI-driven data growth with its HAMR-based Mozaic platform to position itself for...

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