Seagate Technology Holdings plc (NASDAQ:STX) experienced significant growth, reaching an all-time high on Wednesday. The company reported a 76 percent increase in net income and a 21.5 percent rise in revenues for the second quarter of fiscal year 2026. Investors were pleased with the strong performance, driving the stock price up by 19.14 percent.

Chairman and CEO Dave Mosley highlighted Seagate’s record-breaking results, citing strong operational execution and data center demand. The company’s product roadmap aims to meet evolving storage needs and exabyte demand growth, creating value for customers and shareholders. Third-quarter revenue targets are set at $2.9 billion, with diluted EPS at $3.40.

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Read more at Yahoo Finance: Seagate (STX) Rockets to All-Time High on Impressive Q2