STX · News · 20260804N
Capital Expenditure Program
Seagate Technology Holdings plc · 2026-08-04 · Importance 40 · Surprise 42 · In source text
Seagate plans to increase capital expenditures during fiscal 2027 to support the HAMR technology ramp. The planned investment is intended to expand production capability for higher-capacity nearline drives. HAMR execution and manufacturing issues were identified as material factors affecting the company’s growth and profitability outlook.
Key facts
- Seagate plans to increase capital expenditure to support the ramp-up of HAMR technology, anticipating continued growth in FY27. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | probable | — | Seagate plans to increase capital expenditure to support the ramp-up of HAMR technology, anticipating continued growth in FY27. |
| assets | positive | probable | — | Seagate plans to increase capital expenditure to support the ramp-up of HAMR technology, anticipating continued growth in FY27. |