Dossier
Seagate
Coverage of Seagate in the Nexus archive.
- Seagate leads memory sell-off as CEO says it would 'take too long' to build new factories
Seagate's CEO Dave Mosley commented that building new factories would take too long, leading to a sell-off in memory stocks. This affected not only Seagate but also Micron, SanDisk, and Western Digital, causing their shares to sink. The comment highlights the challenges in meeting demand through expanded production capacity.