Seagate Technology is trading 4.2% up today at $776.39 as shares rebound from sharp losses tied to the recent AI and memory-chip selloff.
- The move follows a violent sector-wide derating driven by SK Hynix and broader semiconductor valuation fears that pushed the stock down double digits in prior sessions.
- Today’s bounce likely reflects bargain hunting and stabilization in memory-chip sentiment rather than new company-specific news.