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Forget Big Tech: Data Storage Stocks Are Becoming AI’s Quiet Market Dark Horse
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Forget Big Tech: Data Storage Stocks Are Becoming AI’s Quiet Market Dark Horse
Seagate shares rose 7.9% and Sandisk jumped 8.3% Friday, while Western Digital slipped 0.6%. Sandisk reported Q3 revenue up 251% to $5.95 billion and signed $42 billion in long-term supply deals. Western Digital’s Q3 revenue climbed 45% to $3.34 billion, topping analyst estimates. Seagate forecast Q4 revenue of $3.45 billion, citing AI-driven demand. The post Forget Big Tech: Data Storage Stocks Are Becoming AI’s Quiet Market Dark Horse appeared…
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