On July 28, Seagate Technology PLC fell 4.53% in pre-market trading, trading at 781.1 USD/share, with turnover of approximately $1.64 million.

On the news front, the storage sector extended a broad sell-off, with SanDisk and Western Digital each declining over 5%, Micron falling over 5%, and SK Hynix dropping nearly 4%, reflecting severe pressure on industry sentiment. Morgan Stanley previously warned that the AI-driven semiconductor storage boom is approaching an inflection point, with memory contract prices expected to peak in Q4. Additionally, CXMT's IPO fundraising to expand production capacity poses a direct threat to U.S. storage companies' medium-to-long-term market share and pricing power.

Seagate Technology PLC is scheduled to report earnings after the close today, with consensus EPS expectations at $4.89 and revenue projected to grow approximately 43% year-over-year. The pre-earnings bull-bear battle has significantly intensified, amplifying selling pressure during the pre-market session.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)