AI Index / Seagate Technology Holdings plc
Seagate Technology Holdings plc (STX)
Seagate Technology is part of the AI revolution given the important role that Hard Disk Drives (HDD) play in storing AI training data and supporting generative AI applications. Recognizing AI's growing role in cloud computing workloads and storage needs -- specifically through traditional cloud demand and new AI-related deployments -- the company emphasizes HDDs' importance for future content generation leveraging AI.
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We attribute the underlying demand drivers to an increase from both traditional cloud computing workloads, as well as new AI-related deployments.
- Dave Mosley
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Quotes from seagate Executives About Artificial Intelligence and Generative AI
While HDD demand pull-through related to AI is still relatively small, we believe HDDs will play a crucial role in enabling both of these phases of the AI adoption curve.
- Dave Mosley
We've also started to see incremental demand for higher density storage specific solutions, due in part to enterprises putting storage capacity in place, either on-prem or in private clouds, as they prepare for future AI applications.
- Dave Mosley
[...] customers expect an acceleration in content creation that will lead to significant demand for mass capacity storage. We recognize that GenAI is still in its early stages of adoption.
- Dave Mosley