Dave Mosley
CEO
Seagate Technology Holdings plc
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Leadership History
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Seagate's business is a bet that data growth keeps outrunning the economics of all-flash storage. AI, video, compliance, backups, edge workloads, and cloud archives create massive data sets, but much of that data does not need the speed of flash. Seagate wins when customers choose capacity economics over maximum performance.
Seagate makes money by designing, manufacturing, and selling hard disk drives, enterprise nearline drives, external storage, systems, and related storage services. The highest-value demand comes from cloud and enterprise customers that need economical mass-capacity storage, where hard drives remain materially cheaper per terabyte than flash for cold and warm data tiers.
CEO
CEO
The business is cyclical because hyperscale customers can pause storage purchases when inventory is high or capital expenditure plans shift. Seagate also faces flash storage substitution over time, intense engineering demands around HAMR yields, customer concentration, commodity component risk, and a manufacturing footprint concentrated in Asia.