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Data Guardians: 2 AI Storage Stocks Winning Big
STXSeagate(STX) MarketBeat·2024-12-12 21:17

The digital domain has an insatiable appetite for data that is fueling a boom in the data storage industry. The International Data Corporation (IDC) projects a compound annual growth rate exceeding 10% for the overall data storage market through 2028, a trajectory primarily driven by the exponential growth of artificial intelligence (AI) and cloud computing. Within this rapidly expanding subsector of the technology sector, Seagate Technology NASDAQ: STX and Western Digital NASDAQ: WDC continue to face off a ...