Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Seagate Technology Holdings plc (NASDAQ:STX) is one of the Most Promising AI Stocks to Buy Now. Goldman Sachs initiated coverage on the company’s stock with a “Buy” rating and a price objective of $170.00. The firm highlighted Seagate Technology Holdings plc (NASDAQ:STX)’s technological leadership, mainly with respect to its HAMR-based drives, which can help it regain nearline HDD market share.
Although many of the auto-related businesses still operate there, the plant itself is relatively quiet as Nissan now has just a 1% market share. The sluggish state of its auto operations is underscored by the fact that the Segambut land, with a book value of RM515 million, is worth more than twice the company’s auto business — as reflected in its current market capitalisation of around RM200 million. At its peak in 2013, the company’s market cap exceeded RM3 billion.