Seagate Technology Holdings PLC

STX: XNAS (USA)

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Seagate Technology: Seagate HAMRs Into the AI Boom; Renewed Outlook Raises Fair Value Estimate

Eric Compton

Jul 1, 2025

Seagate Technology plans to ramp its Mozaic 4+ early next year, with qualifications for Mozaic 5+ expected to begin by early 2028. The firm expects a mix shift to heat assisted magnetic recording, or HAMR, drives to accelerate revenue growth and margin expansion.

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Seagate Technology Holdings PLC

Seagate Technology: Seagate HAMRs Into the AI Boom; Renewed Outlook Raises Fair Value Estimate

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