Seagate Reports Strong Q3 2026 Earnings and Raises Q4 Forecast Due to AI Demand
Seagate Technology reported Q3 2026 revenue of $3.11 billion, exceeding expectations, and raised its Q4 revenue forecast to $3.45 billion due to increased AI-driven data storage demand. The company also reported strong earnings growth and margin improvements, leading to a significant rise in its stock price.
Topics: AI Demand Dividend and Buybacks Earnings Beat Margin Expansion Revenue Growth Storage Sector