STX - Seagate Technology Holdings
Seagate Technology is one of the world's largest data storage companies, specializing in hard disk drives (HDDs) and storage solutions for cloud data centers, enterprise servers, and consumer devices. Despite competition from NAND flash-based solid-state drives in the consumer segment, Seagate maintains a dominant position in high-capacity HDD storage for cloud providers, where HDDs remain significantly more cost-effective per terabyte than SSDs. The company has invested in heat-assisted magnetic recording (HAMR) technology to push HDD capacities above 30 terabytes per drive, extending the viability of the hard drive in data-intensive cloud environments.
Sector: Technology
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