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Seagate shares drop 9% as CEO comments fuel AI demand concerns
Seagate shares drop over 9% after CEO comments raise concerns about the company's ability to meet AI-driven storage demand, triggering a broader sector sell-off.
CJ Haddad / CNBC: Seagate shares drop 9%+, leading a group-wide sell-off after comments from its CEO raised concerns it won't be able to meet demand fueled by the AI buildout — Shares of memory chip maker Seagate slipped more than 8% Monday, leading a group-wide sell-off after comments from CEO Dave Mosley raised concerns …
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