{"id":1005842,"date":"2026-04-30T09:09:42","date_gmt":"2026-04-30T03:39:42","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1005842"},"modified":"2026-04-30T09:17:10","modified_gmt":"2026-04-30T03:47:10","slug":"data-storage-stocks-jump-as-seagates-upbeat-forecast-fuels-confidence-in-ai-spending","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/30\/data-storage-stocks-jump-as-seagates-upbeat-forecast-fuels-confidence-in-ai-spending\/","title":{"rendered":"Data-storage stocks jump as Seagate&#8217;s upbeat forecast fuels confidence in AI spending"},"content":{"rendered":"<p>Shares of data-storage companies jumped on Wednesday, a day after strong revenue and profit forecasts from Seagate Technology signaled that spending by enterprises on artificial intelligence equipment will remain strong. <\/p>\n<p>Seagate&#8217;s strong forecast and the surge in storage stocks underscore investor confidence that enterprise AI spending will sustain demand for data-storage equipment despite broader market concerns about the pace of AI adoption. <\/p>\n<p>Companies \u200chave funneled \u2060increasing amounts \u2060of money into data drives, hard disks and other digital storage as they rushed to upgrade their \u200bartificial intelligence models and infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of data-storage companies jumped on Wednesday, a day after strong revenue and profit forecasts from Seagate Technology signaled that spending by enterprises on artificial intelligence equipment will remain strong. Seagate&#8217;s strong forecast and the surge in storage stocks underscore investor confidence that enterprise AI spending will sustain demand for data-storage equipment despite broader market concerns about the pace of AI adoption. Companies \u200chave funneled \u2060increasing amounts \u2060of money into data drives, hard disks and other digital storage as they rushed to upgrade their \u200bartificial intelligence models and infrastructure.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1005842","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1005842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1005842"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1005842\/revisions"}],"predecessor-version":[{"id":1005866,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1005842\/revisions\/1005866"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1005842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1005842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1005842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}