Latest news with #SeagateTechnology
TECHx
16-07-2025
- Business
- TECHx
What AI Appreciation Day Should Really Remind Us
Home » Editor's pick » What AI Appreciation Day Reminds Us As we mark AI Appreciation Day, it's not just about celebrating innovation, it's about remembering that AI must be human-led, ethically grounded, and built with purpose. In 2025, Artificial Intelligence is powering daily life, reshaping industries, and challenging global norms. From healthcare to energy, cities to classrooms, AI in 2025 is not just a tool. It is an ecosystem. The Middle East is leading this shift. Countries like the UAE and Saudi Arabia are making bold moves. Their investments in AI infrastructure and ethical governance are reshaping how nations approach AI at scale. Let's look at what's really happening beneath the surface of AI in 2025. Data Is the New Backbone AI needs fuel. That fuel is data. And to manage that data, nations need infrastructure that is scalable, secure, and sovereign. Mohit Pandey, Head of Sales for the Middle East, Turkey and Africa at Seagate Technology, explains the scale of growth: 'In 2025, the UAE and Saudi Arabia are at the forefront of digital infrastructure, with Saudi Arabia's data center market growing at a 21.87% CAGR and the UAE hosting advanced facilities. This growth drives a GCC-wide boom, projected to reach $9.49 billion by 2030. In this landscape, infrastructure reliability and scalability are essential to provide the resilience, scalability, and energy efficiency needed to support AI factories in Riyadh and sovereign cloud platforms in Abu Dhabi. As governments push for data sovereignty and AI leadership, Seagate is ready to partner in building the future's regional premium infrastructure.' These data centers are more than just buildings. They are AI factories that train models, store vast datasets, and serve as the digital backbone of national transformation. The demand for energy-efficient, high-speed storage is rising. And with AI workloads growing, the region is building a premium infrastructure to support it. Ethics Is Not Optional AI brings great power. But it also raises questions. How do we keep it fair? Who decides what is right? AI in 2025 is not just about what technology can do. It is also about how it is used and who governs it. Dr. Shabbir Nalwala, Executive Advisor for Group Digital Governance and Transformation at ADNOC Group, puts it clearly: 'AI presents a powerful tool for enhancing digital governance in the oil and gas sector. AI's success depends not solely on the technology used but also critically on how responsibly AI is governed. In UAE, ethical AI is not only a regulatory checkbox but a national priority. Oil and gas companies that adopt this vision will not only improve their digital operations but also contribute meaningfully to the UAE's vision as a global leader in ethical and impactful AI.' Ethical AI is now a core part of national strategies. In the UAE, it guides how AI is designed, deployed, and monitored. Sectors like oil and gas are using AI to boost efficiency. But they are also leading the charge in AI governance. Responsible use is becoming a competitive advantage. AI as a Reflection of Us Technology reflects the intentions of its creators. AI in 2025 is no different. It amplifies human strengths. But it also exposes human flaws. Tolga Ozdil, Regional Commercial Director, Middle East, Turkey & Africa (META) at ASUS, shares a deeper view: 'AI has become a mirror to humanity, reflecting our values, intentions, and vulnerabilities while showing the scale of our technological progress. While AI started as an experiment, it has now found its way into our daily lives, changing the way we learn, work, and create. Even with that growth, AI's path is not defined since its evolution will still be dictated by human decisions, responsibility, and oversight. We should not just recognize AI with the amazing things that it can do but also remind ourselves that how we build and use AI also matters.' This reminder is important. AI is not just a celebration of innovation. It is a call for accountability. We are shaping AI. And in return, it is shaping us. A National Priority In 2025, AI is a matter of sovereignty. Saudi Arabia is building AI factories in Riyadh. The UAE is expanding sovereign cloud platforms in Abu Dhabi. These aren't just tech projects. They are strategic tools for economic independence. According to analysts, the GCC's data center market will reach $9.49 billion by 2030. That growth is directly tied to AI demand. With each AI application, health diagnostics, smart cities, energy forecasting, comes a deeper need for fast, secure data handling. The focus is clear. Nations are working to own their data, control their compute power, and reduce reliance on foreign cloud services. Challenges on the Path Ahead While the momentum is strong, challenges persist. AI still struggles with: Bias in algorithms Lack of explainability Energy consumption Talent shortages Uneven access to tools and data The rise of generative AI has made some of these issues more visible. Misinformation, deepfakes, and intellectual property concerns are shaping new debates. In this context, AI in 2025 is a balancing act between innovation and oversight, scale and sensitivity, ambition and caution. A Day to Reflect, Not Just Celebrate AI Appreciation Day is not just about what we've built. It is also about how we build from here. AI in 2025 is no longer an experiment. It is a daily influence, visible in homes, hospitals, classrooms, and control rooms. The real power of AI lies not only in algorithms or infrastructure. It lies in intent. And the Middle East, especially the UAE and Saudi Arabia, is proving that with the right vision and values, AI can be both powerful and principled. As we reflect today, the message is clear. AI can amplify progress. But it must be human-led, ethically grounded, and purpose-driven.
Yahoo
15-07-2025
- Business
- Yahoo
Seagate Technology to Report Fiscal Fourth Quarter and Fiscal Year 2025 Financial Results on July 29, 2025
FREMONT, Calif., July 15, 2025--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, will report fiscal fourth quarter and fiscal year 2025 financial results after the market closes on Tuesday, July 29, 2025. The investment community conference call to discuss these results will take place that day at 2:00 PM PT / 5:00 PM ET. The live audio webcast can be accessed online at Seagate's Investor Relations website at About Seagate Technology Seagate Technology is a leading innovator of mass-capacity data storage. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped over four billion terabytes of data capacity and offers a full portfolio of storage devices, systems, and services from edge to cloud. To learn more about how Seagate leads storage innovation, visit and our blog, or follow us on X, Facebook, LinkedIn, and YouTube. ©2025 Seagate Technology LLC. All rights reserved. Seagate, Seagate Technology, Mozaic 3+, Exos, and the Spiral logo are trademarks or registered trademarks of Seagate Technology LLC in the United States and/or other countries. All other trademarks or registered trademarks are the property of their respective owners. When referring to drive capacity, one gigabyte, or GB, equals one billion bytes, one terabyte, or TB, equals one trillion bytes, and one exabyte, or EB, equals one quintillion bytes. View source version on Contacts Media Contact: Karin Taylor (408) Investor Relations Contact: Shanye Hudson, (510) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Channel Post MEA
15-07-2025
- Business
- Channel Post MEA
Seagate Ships 30TB Drives
Seagate Technology has announced the global channel availability of up to 30TB Exos M and IronWolf Pro hard drives. Built on Seagate's Mozaic 3+ platform and powered by heat-assisted magnetic recording (HAMR) technology, these drives are engineered to meet increasing demand for scalable, high-performance storage driven by the rise of AI deployments that are supplementing traditional enterprise infrastructure development. With over one million Mozaic hard drives now shipped, Seagate has reached more than just a milestone—it has marked a defining moment that underscores the strength and maturity of its breakthrough storage technology. 'Today, approximately 90% of the world's data is stored in just 10 countries. However, data gravity is increasingly pulling networks to the edge as nearly 150 countries adopt data sovereignty requirements, and AI workloads continue to expand. Datacenters—on-prem, private, and sovereign—are leveraging AI to unlock the value of their proprietary data,' said Melyssa Banda, SVP of Edge Storage and Services, Seagate. 'Our 30TB drives are designed to support these rapidly growing trends, delivering the capacity, efficiency, and resilience needed to power the AI workloads.' Industry leaders are aligning around the fundamental data management and infrastructure shifts: 'Hyperscalers and enterprise data centers are in the early stages of an all-out arms race to develop AI infrastructure resulting in rapidly increasing capex spending on performance-oriented hardware,' said Ed Burns, Research Director, Hard Disk Drive and Storage Technologies at IDC. 'While not often associated with performance such as low latency, the highest capacity HDDs are a critical strategic asset in the AI development process, filling the need for mass capacity storage of the foundational data essential to building and improving the highest quality AI models in the market today and into the future. Enterprise customers are seeking ways to improve the density of their data centers, lowering power consumption and square footage requirements while ensuring storage continues to meet strategic requirements, and Seagate's new 30TB Exos product is the highest density hard drive offered in the industry today. Hyperscale and enterprise data center customers looking for optimal performance and cost tradeoffs for mass-capacity storage will benefit from Seagate's HAMR product roadmap, which is poised to accelerate areal density growth rates for HDDs in the years to come.' HPE forecasts the on-prem AI market will grow at a 90% CAGR, reaching $42 billion within three years. NVIDIA describes AI factories as 'data centers reimagined to manufacture intelligence at scale,' essential for transforming data into real-time insights across the AI lifecycle. As AI becomes central to business strategy, modernizing storage is not optional—it's foundational. 30TB Hyperscale-Grade Exos & NAS-Optimized IronWolf Pro Arrive Just in Time for On-Prem AI Edge AI is no longer a future concept—it's happening now. According to IDC, industries such as retail, manufacturing, and financial services are actively deploying AI at the edge for video analytics, predictive maintenance, and fraud detection. This shift is accelerating the adoption of disaggregated storage architectures, which decouple compute from storage to enable more flexible, scalable infrastructure. The Seagate Exos M 30TB drive is built to meet increased demand for high-capacity, energy-efficient storage—empowering organizations to scale storage, optimize data placement, and support real-time edge analytics without compromising performance or sustainability. As AI-powered applications proliferate, on-premise NAS systems are evolving into intelligent data hubs—supporting advanced workloads such as video analytics, image recognition, retrieval-augmented generation (RAG), and inferencing at the edge. The convergence of AI, IoT, and hybrid cloud is fueling demand for high-capacity, high-integrity NAS solutions that can manage large, unstructured datasets with low latency and high throughput. Recent market analysis projects the global NAS market to grow at a CAGR of over 17% through 2034, driven by digital transformation and the rise of AI and big data analytics. 'QNAP NAS systems are increasingly used for on-premise AI workloads—enabling enterprises to run local AI models and leverage RAG and LLM technologies to process and analyze local datasets,' said Dhaval Panara, Product Manager, QNAP. 'By integrating Seagate's IronWolf Pro 30TB drives, we deliver petabyte-scale, high-integrity storage that ensures fast access, reliable performance, and scalable infrastructure at the edge.' 'With AI workloads increasingly moving to edge environments, reliable high-capacity storage becomes critical for local data processing. Seagate's IronWolf Pro 30TB drives provide the robust foundation UGREEN NAS systems require—delivering massive scalability and the operational stability needed for local AI applications,' said Evan Li, Head of International Business, UGREEN. Availability: The Exos M 30TB & 28TB and IronWolf Pro 30TB & 28TB drives are available now through Seagate online store as well as Seagate's authorized resellers and channel partners worldwide. Pricing: $599.99 – Exos M & IronWolf Pro 30TB; $569.99 – Exos M & IronWolf Pro 28TB
Yahoo
06-07-2025
- Business
- Yahoo
Undervalued and Profitable: This Artificial Intelligence (AI) Stock Has Soared 73% in 2025, and It Could Still Jump Higher
The booming demand for data center storage has supercharged Seagate Technology's growth in recent quarters, leading to tremendous upside for the stock. Seagate is trading at a discount to the broader market right now, and that could pave the way for attractive returns over the next several years. 10 stocks we like better than Seagate Technology Plc › Storage solutions provider Seagate Technology (NASDAQ: STX) has registered an outstanding rally on the stock market in 2025, rising an incredible 73% year to date and beating the Nasdaq Composite index's 7% return by a massive margin. This impressive performance can be attributed to robust growth in the demand for storage in data centers running artificial intelligence (AI) workloads. Let's dig into how AI is fueling Seagate's growth and see how it could pave the way for more upside in this technology stock. Seagate Technology's revenue in the first nine months of its fiscal 2025 increased almost 43% year over year to $6.65 billion. Even better, the company's non-GAAP (adjusted) income from operations has jumped more than fourfold during this period, thanks to higher margins. Management attributes this fantastic growth to the healthy demand for mass capacity storage in the cloud, which has created a tight supply environment and led to an increase in prices. Management remarked on the company's April earnings call that the growing storage demand "aligns with the cloud capex investment cycle and ongoing build-out of data center infrastructure to support AI transformations." Specifically, 90% of the storage in large-scale data centers is done with hard drives because of their cost efficiency and scalability. With the storage requirement in data centers expected to more than double between 2024 and 2028, Seagate estimates this could push annual revenue for the data center storage market to $23 billion by 2028, up from $13 billion last year. Seagate is in a solid position to make the most of this growth opportunity considering its 40% share of the global storage market. Not surprisingly, Seagate's outlook for the recently concluded fiscal fourth quarter was an impressive one. The company guided for $2.4 billion in revenue at the midpoint of its range, along with $2.40 per share in earnings. The top-line guidance is good for a 27% year-over-year increase, while earnings are on track to more than double from the prior-year period's reading of $1.05 per share. For the full fiscal year, Seagate could grow revenue 38%, while its adjusted earnings will jump more than sixfold to $7.91 per share. Importantly, the company should be able to sustain this momentum, thanks to the tailwinds discussed above, and that sets the stage for strong returns. The potential earnings growth combined with Seagate's incredibly attractive valuation makes the stock a no-brainer buy. It is now trading at just 21 times trailing earnings and 16 times forward earnings estimates. The Nasdaq 100 index, meanwhile, has an average forward earnings multiple of 29, which means the stock trades at a significant discount to the tech sector overall. Investors looking for a fast-growing AI stock that's also reasonably priced would do well to buy Seagate before it flies higher. Before you buy stock in Seagate Technology Plc, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Seagate Technology Plc wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $699,558!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $976,677!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Harsh Chauhan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Undervalued and Profitable: This Artificial Intelligence (AI) Stock Has Soared 73% in 2025, and It Could Still Jump Higher was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-07-2025
- Business
- Yahoo
Jim Cramer on Seagate: 'This is an Amazing One'
Seagate Technology Holdings plc (NASDAQ:STX) is one of the stocks listed in our article, Jim Cramer recently discussed these 10 S&P 500 stocks. Coming to STX, Cramer commented: 'In fourth place… this is an amazing one, Seagate Technology of all things, up 67% in the first half after more than doubling from its lows in April. Seagate makes hard drives and flash-based solid state drives, basically storage hardware, the textbook commodity tech product. But right now, the hard drive business is booming, and the company announced a $5 billion buyback a little over a month ago while projecting mid-teens revenue growth through 2028. That's not bad. A technician configuring a network-attached storage drive. Seagate Technology (NASDAQ:STX) provides data storage products that include hard drives, solid state drives, and external storage devices. The company also offers an edge-to-cloud platform intended to support enterprise infrastructure in on-premise and cloud settings. While we acknowledge the potential of STX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
