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[HARDWARE]■ STORY TIMELINE

SEAGATE STOCK FALLS 8.3% ON FACTORY EXPANSION CONCERNS

Seagate Technology shares dropped sharply after CEO comments at a JPMorgan conference suggested the company cannot build new manufacturing capacity fast enough to meet surging demand for memory chips.

1 SOURCEFIRST SEEN MAY 18, 02:49 PM► READ THE ARTICLE
Bloomberg Tech+0m

Seagate Technology Holdings shares slumped as much as 8.3% after management comments at a JPMorgan conference sparked in…