Seagate

STX

Market cap $178B

XFUNDS expanded its actively managed ETF lineup with the launch of the XFUNDS Memory Income ETF (NYSE:DRMY) , a fund designed to provide investors with exposure to the fast-growing memory semiconductor industry while generating income through an options-based strategy.

Micron, Sandisk, Seagate and Western Digital are positioned to benefit as AI infrastructure drives rising demand for advanced memory and storage.

Western Digital and Seagate are riding AI-driven storage demand with strong revenue outlooks, expanding margins and earnings growth that could fuel further upside.

The chips are down today.

Continued supply shortages, dramatic price increases, surging AI demand, and persistent competition across international markets have all contributed to volatility in the computer memory industry. With the impending IPO of China's ChangXin Memory Technologies, the landscape is likely to only become more competitive and uncertain in the near-term.

I keep buying Seagate because every time I look at what it costs a hyperscaler to store a petabyte, the math ends at the same place, and my brokerage account ends at the same button.

SINGAPORE--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, will report fiscal fourth quarter and fiscal year 2026 financial results after the US market closes on Tuesday, July 28, 2026. The investment community conference call to discuss these results will take place that day at 2:00 PM PT / 5:00 PM ET.The live audio webcast can be accessed online at Seagate's Investor Relations website at investors.seagate.com.About Seagate Tech.

SanDisk, Micron, Seagate and Western Digital look attractive after a steep sell-off, supported by AI demand, improving pricing and lower valuations.

The second quarter was a six-year best for U.S. stocks — here are the three sectors poised to lead the next leg higher.

AI memory is still top of mind for inventors and analysts, seen in Citi's price target hikes for Seagate (STX) and Western Digital (WDC). Diane King Hall explains why the firm remains bullish despite stellar surges in stock price.