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Seagate shares jump 3.92% after Microsoft Azure qualifies its HAMR and SMR drives with Broadcom tech.

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26 Oct 2026, 22:42 WIB
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Bullish
Seagate shares jump 3.92% after Microsoft Azure qualifies its HAMR and SMR drives with Broadcom tech.

Seagate Technology's stock rose 3.92% following a milestone where Microsoft Azure qualified Seagate's advanced HAMR and SMR hard drives using Broadcom's host bus adapter infrastructure. This qualification confirms the drives' compatibility for large-scale data centers, enhancing Seagate's position in high-capacity storage for AI and cloud computing. The integration of HAMR and SMR technologies supports higher storage density, while Broadcom's connectivity aids efficient management of large hard drive fleets. This development paves the way for broader deployment in hyperscale cloud environments, meeting growing data storage demands with improved efficiency.

Seagate Technology's stock gained 3.92% after a key milestone with Microsoft Azure and Broadcom. For readers following the cryptocurrency market, here is Pluang's market snapshot as of Oct 27, 2026 02:52 WIB: out of 50 major cryptocurrencies, 16 rose and 32 fell. Notable movers include ZIL (Zilliqa) with a price of Rp35 and a 1-day change of +3.29%, DOT (Polkadot) at Rp18,200 down 2.84%, and LUNC (Terra Classic) at Rp0.8 down 2.28%.

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