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Seagate: Mideast Conflict Spares Supply Chain Short-Term

Seagate: Mideast Conflict Spares Supply Chain Short-Term

Seagate's COO states Middle East conflict won't significantly impact tech supply chains short-term, despite helium supply cuts from Qatar reducing global availability by a third. Analysts warn prolonged shortages could shift chip production to AI memory, worsening shortages; helium is vital for HDDs and chips amid surging AI data center demand. Seagate focuses on density over volume, with 2026 orders sold out.