Iran War Unlikely to Hurt AI Supply Chain for Now, Seagate Says

Understand this faster with AI
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000War With Iran:The Middle East conflict won’t significantly hamper the technology supply chain in the short run, according to a senior Seagate Technology Holdings executive addressing concerns that the war could begin to choke off the supply of vital materials such as helium.Some investors worry that a prolonged war might worsen already tight supplies of memory chips and storage devices. That’s weighed on sentiment around Seagate and rival WD Corp., which together supply the majority of hard drives used for long-term storage in data centers and PCs. Both have warned their hard drives are sold out for 2026.
Tags
Source Information
Discussion
0 professional contributions
Sign in to join this professional discussion.
Be the first to add a constructive contribution.
