Seagate Technology's stock has surged 73% due to increased demand for storage in AI.

Seagate Technology’s stock has surged by 73% this year, outperforming the Nasdaq Composite index by a wide margin. The growth is driven by increased demand for storage in data centers running AI workloads, setting the stage for more upside. The company’s revenue for fiscal 2025 has jumped by almost 43%, with a significant increase in non-GAAP income. Seagate’s solid position in the global storage market and attractive valuation make it a compelling buy, trading at a discount compared to the tech sector. Investors looking for a fast-growing AI stock should consider Seagate for potential gains.

Read more at Nasdaq: Undervalued and Profitable: This Artificial Intelligence (AI) Stock Has Soared 73% in 2025, and It Could Still Jump Higher