Seagate Technology. Stock News

Seagate shipped over 7.4 million hard drives to blacklisted Huawei, even after the U.S. government imposed export controls on the Chinese company.

The disk-drive maker said it now expects a recovery in demand to begin toward the end of the calendar year.

US authorities on Wednesday imposed a $300 million penalty on Seagate Technology, to resolve alleged violations of export controls related to selling hard disk drives to Huawei Technologies, the Comme

Seagate Technology has been struck with a US$300mln penalty in the US after breaching export controls by sending over a billion dollars worth of hard drives to China's Huawei. 7.4mln hard drives worth

Seagate Technology has agreed to pay a $300 million penalty in a settlement with US authorities for shipping over $1.1 billion worth of hard disk drives to China's Huawei in violation of US export con

Seagate Technology Holdings has agreed to pay a $300 million penalty in a settlement with U.S. authorities for shipping over $1.1 billion worth of hard disk drives to China's Huawei in violation of U.

Seagate's (STX) Q3 performance is likely to have borne the brunt of global macroeconomic weakness and inventory adjustments by customers.

We end each quarter reviewing our work in the semi space - discussing our best calls and where we could've done better. Our favorite semi stocks this quarter have been Nvidia Corporation and Advanced

Seagate (STX) expects to generate annualized savings from this expanded restructuring plan in the range of $40-$45 million, beginning from the fourth quarter of fiscal 2023.

Seagate Technology Holdings PLC STX disclosed Wednesday that it is increasing the number of employees being laid off by 480, or 1% of its workforce. The maker of data-storage technologies had said in

Investors have assigned a higher multiple to STX stock due to its superior profitability and better financial position, as discussed below If we look at stock returns, both have seen significant cuts

With the Federal Reserve vowing higher interest rates for longer, the 10-year Treasury Note yield entered March like a lion roaring above 4% for the first time since November 2022. After finishing las

Seagate Technology Holdings plc (NASDAQ:STX ) Morgan Stanley Technology, Media & Telecom Conference March 8, 2023 1:25 AM ET Company Participants Gianluca Romano - CFO Conference Call Participants Eri

While last year presented challenges for sectors not tied to the hydrocarbon energy space, the technology-related segment suffered horrendously. Though it does lead to opportunities in battered stocks

Micron said late Thursday a board committee has approved plans to cut certain executives' salaries and suspended all executive bonuses in the fiscal year 2023.