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MAGNIFICIENT 7 SPENDING ON DATA CENTER EXPANSION GIVING SEAGATE A BIG LIFT UPWARDS, WHAT ABOUT MCLEAN?
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If you had been following my updates on Mclean, you would know that Mclean major customer in surface treatment and cleaning services is mainly provided to SEAGATE in Thailand and Singapore. Mclean performance will be highly related to SEAGATE performance.
And now with the MAGNIFICIENT 7 company pumping in multi billion into data center to cater for the coming demand from GENERATIVE AI. While high end graphic processor from NVIDIA is the main actor in GENERATIVE AI, the whole equation cannot be completed without ample of storage capacity, where SEAGATE HDD will come into play.
Let's take a look at how much big corporate are spending into the next generation data center.
Microsoft + Open AI = USD 100 billion
Oracle, USD 10 billion
Google expanding on UK data center - usd 1 billion
Amazon - usd 150billion
Meta, Facebook - USD 35 billion
With so much interest being center into AI and Generative AI, analyst are looking at spending capex of more than USD 1 trillion by 2027
Seagate as the leading HDD supplier in market command 43% of market share. With the latest launch of HAMR HDD, SEAGATE will be looking to capture more market share back into it's fort.
With a projection of more than USD 1 trillion looking to be spent into data center in the next 4 years, what is going to be of Mclean, being a critical supplier for surface cleaning and treatment for Seagate?
IMPORTANT NOTICE
Please be informed that I am not a professional or certified analyst. I am not a licensed consultant, just a normal retail investor. I am just sharing my ideas and opinion on the market outlook. Any company mentioned should not be interpreted as a buy/sell/trade call. Please do your own research and buy/sell/trade at your own risk.
Blog https://targetinvest88.blogspot.com
Telegram https://t.me/targetinvest88
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