Why is Seagate Technology Holdings plc stock rising?
Mozaic 4 HAMR ramp is expected to reach 50% of HAMR exabyte shipments by the end of calendar 2026.
Mozaic 5 qualification shipments are targeted for late calendar 2027, extending the roadmap to 50-terabyte drives.
Seagate raised its annual revenue growth target to a minimum of 20% over the next few years.
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