After the market on Tuesday EST, Seagate Technology, the leading US hard drive storage company, announced quarterly earnings that beat expectations across the board. The company's CEO Dave Mosley said at the earnings conference that this performance confirms that the high-capacity storage market is in strong demand and continues to grow. He also revealed, “The company's customers have not reduced the long-term planning cycle. Many vendors have offered to extend the planning cycle to 2029 and beyond, which is enough proof that customers are confident in investing in their own long-term infrastructure.”

After the market on Tuesday EST, Seagate Technology, the leading US hard drive storage company, announced quarterly earnings that beat expectations across the board. The company's CEO Dave Mosley said at the earnings conference that this performance confirms that the high-capacity storage market is in strong demand and continues to grow. He also revealed, “The company's customers have not reduced the long-term planning cycle. Many vendors have offered to extend the planning cycle to 2029 and beyond, which is enough proof that customers are confident in investing in their own long-term infrastructure.”