Investors should focus more on what STX is doing rather than short term thinking.
Seagate Technology plc today unveiled a production-ready unit of the fastest single solid-state drive (SSD) demonstrated to date, with throughput performance of 10 gigabytes per second (GB/s). The early unit meets Open Compute Project (OCP) specifications, making it ideal for hyperscale data centers looking to adopt the fastest flash technology with the latest and most sustainable standards.
The 10GB/s unit, which is expected to be released this summer, is more than 4GB/s faster than the previous fastest-industry SSD on the market. It also meets the OCP storage specifications being driven by Facebook, which will help reduce the power and cost burdens traditionally associated with operating at this level of performance.
Recent STX News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 11:52:33 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/07/2024 08:28:24 PM
- Tesla Surges 12% with 2025 Affordable Vehicle Promise, Evotec Slumps 36% on Uncertain Outlook, and Latest Earnings • IH Market News • 04/24/2024 11:29:58 AM
- Seagate Technology Reports Fiscal Third Quarter 2024 Financial Results • Business Wire • 04/23/2024 08:05:00 PM
- U.S. Index Futures Rise in Pre-Market, Oil Prices Dip Slightly • IH Market News • 04/23/2024 11:26:41 AM
- Seagate Drives Progress on Its Renewable Energy and Circularity Programs • Business Wire • 04/22/2024 08:48:00 PM
- Seagate Technology to Report Fiscal Third Quarter 2024 Financial Results on April 23, 2024 • Business Wire • 04/09/2024 08:05:00 PM
- S&P 500 May Regain Ground Following Three-Day Losing Streak • IH Market News • 03/27/2024 01:17:23 PM
- U.S. Stocks Close Modestly Lower Following Late-Day Pullback • IH Market News • 03/26/2024 08:39:59 PM
- Super Micro Computer and Seagate Shares Surge on Analyst Optimism in Pre-Market Trading, and Latest News • IH Market News • 03/26/2024 11:20:49 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:08:33 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/04/2024 09:14:44 PM
- Seagate Launches New E-commerce Website in the United States • Business Wire • 02/26/2024 04:19:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:02:44 PM
- Seagate to Participate in Upcoming Investor Event • Business Wire • 02/21/2024 09:05:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 03:13:47 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/09/2024 10:46:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/09/2024 09:09:28 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/06/2024 02:36:34 PM
- OORT Collaborates with Seagate Lyve Services to Strengthen AI-Focused Decentralized Cloud Services • PR Newswire (US) • 01/31/2024 01:41:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/26/2024 09:09:01 PM
- Wall Street Highlights: Nokia’s Margins Surprise, FAA Halts Boeing Production Expansion, and More • IH Market News • 01/25/2024 11:25:22 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/24/2024 09:07:30 PM
- Seagate Technology Reports Fiscal Second Quarter 2024 Financial Results • Business Wire • 01/24/2024 09:05:00 PM
- Wall Street Highlights: eBay Slashes 9% of Workforce, SAP to Reduce 8,000 Positions, and More • IH Market News • 01/24/2024 11:06:14 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM