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Memory price hikes ‘the new normal’ as AI boom fuels storage demand, Seagate says

✍️ Coco Feng 📅 March 10, 2026 10:30 PM ⏱️ 1 min read 🕐 Scraped: March 10, 2026

Summary: Explosive growth in AI workloads is forcing the storage industry to pack more data onto disks to meet demand from cloud giants.

Memory price hikes are likely to become “the new normal” for the next few years, according to an executive at storage giant Seagate Technology, as the artificial intelligence boom of the past two to three years pushes the industry in

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📝 Article Information

Author

Coco Feng

Original Publisher

🌍 South China Morning Post

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Published Date

March 10, 2026 at 10:30 PM

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