Goldman Sachs is bullish on the stock of data storage provider Seagate Technology - The stock is poised for trend continuation!

As a leading provider of data storage solutions generating 90% of its revenue from HDD drives, Seagate Technology is likely to continue benefiting from investments in critical AI, despite the advancements in SSDs. Currently, with the Exos M models launched in January, there are already variants with 36 TB storage capacity per drive, and a version with 100 TB per unit is expected to hit the market by 2030. The new hard drives are designed to better handle the AI data demands in data centers, as AI models like ChatGPT require enormous amounts of...