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Tech giant Seagate sees hard drive capacity tripling by 2030 on booming AI demand

1. Seagate aims to develop a 100-terabyte hard drive by 2030. 2. Demand for data storage is surging due to AI technologies. 3. Seagate plans to enhance sustainability in manufacturing and operations. 4. Microsoft forecasts $80 billion spending on data centers by 2025. 5. Competes with solid-state drives but positions HDDs as more sustainable.

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FAQ

Why Bullish?

Seagate's focus on high-capacity drives aligns with market demand, reminiscent of past tech booms.

How important is it?

The development of high-capacity drives caters to growing data requirements amid AI expansion.

Why Long Term?

The proposed 100-terabyte HDD development will take time to materialize and gain market traction.

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