STX · 10-Q · 2026Q4 · Full report

Market Demand Trends

Seagate Technology Holdings plc · 2026-10-29 · Importance 20 · Surprise 24

Demand for Seagate’s data storage solutions strengthened in the September 2026 quarter, led by data center end markets. Global cloud customers sustained demand for high-capacity nearline drives, while enterprise/OEM deployments also increased. Demand reflects both traditional data-intensive workloads and AI-related applications, as organizations generate, retain, and reuse more data. Seagate sees these trends supporting demand for scalable, cost-efficient, reliable storage solutions over the foreseeable future.

Key facts

• Demand for Seagate's storage solutions continues to be supported by traditional data-intensive workloads and AI-related applications. source
• Seagate expects increasing data generation, retention, and reuse as AI adoption expands, supporting demand for scalable, cost-efficient, and reliable storage solutions over the foreseeable future. source
• Demand for Seagate's data storage solutions strengthened in the September 2026 quarter. source
• Demand growth in Seagate's data center end markets was led by sustained demand for high-capacity nearline drives across global cloud customers and increasing sales for enterprise/OEM customer deployments. source