Artisan Partners Limited Partnership - Antero Peak Strategy on Seagate Technology Holdings
Thesis
Seagate is positioned within the strategy's Compute Infrastructure theme. The fund believes AI-driven capital formation extends well beyond processors and includes the broader infrastructure necessary to support expanding data generation and computation. Data-center capacity has expanded materially and hyperscaler investment is expected to continue accelerating. Seagate therefore participates in a structural infrastructure cycle associated with the growth of computing and AI workloads.
“Taiwan Semiconductor, Applied Materials, Analog Devices, NVIDIA, Astera Labs and Seagate contributed meaningfully as part of our Compute Infrastructure theme.”