Seagate Technology Holdings Watchlist

tz-plus logo Seagate Technology Makes 30 TB Hard Drives Available – AI and Data Sovereignty Laws Increase Demand!

R. Dietenberger
Reading Time: 2 minutes

(STX, i) announced on July 15th the general availability of the industry's first 30 TB hard drive storage. Especially the Exos M models allow for a 60% lower energy consumption and 25% lower costs per terabyte compared to the older Exos X10 series. According to experts from BofA, Seagate's capabilities to increase areal density and profitability have been underestimated so far. Revenues are expected to grow in the low to mid-single-digit percentage range by 2028. The Exos M is suitable for AI data centers of hyperscalers and enterprises. The...

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