Seagate stock jumps 14% as Nvidia CES “context memory storage” lifts STX and peers
Seagate shares surged 14% to $330.42 in after-hours trading Tuesday, hitting a record high amid strong demand for AI-related data storage. Peer stocks SanDisk, Western Digital, and Micron also posted double-digit gains. The rally follows tightening memory supply and bullish comments from Nvidia and Samsung at CES. Seagate’s next earnings report is expected around Jan. 20.