DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Data storage firms Western Digital, Seagate soar on AI-driven demand spike
Data storage firms Western Digital, Seagate soar on AI-driven demand spike

Data storage firms Western Digital, Seagate soar on AI-driven demand spike

Update: 2025-10-31
Share

Description

Data Storage Companies Soar as AI Demand Skyrockets: Western Digital and Seagate shares surge over 100% this year, driven by AI's massive data storage needs. Sandisk, a smaller player, also sees significant gains. Tech giants like Alphabet, Microsoft, Meta, and Amazon increase AI infrastructure spending, with Goldman Sachs estimating a potential $3-4 trillion market by 2030. The AI boom has transformed the storage landscape, making it a hot investment sector.

The Daily News Now! — Every city. Every story. AI-powered.


Hosted on Acast. See acast.com/privacy for more information.

Comments 
In Channel
loading
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Data storage firms Western Digital, Seagate soar on AI-driven demand spike

Data storage firms Western Digital, Seagate soar on AI-driven demand spike