Seagate CEO's comments on factory building lead to memory stock sell-off

Seagate CEO Dave Mosley's remarks about the time it would take to build new factories caused a significant sell-off in memory stocks, affecting Seagate, Micron, SanDisk, and Western Digital.

18 May, 17:46 — 18 May, 17:46

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cnbcMostly Factual42d ago

Seagate leads memory sell-off as CEO says it would 'take too long' to build new factories

Seagate CEO Dave Mosley's comment sent shares sinking, along with those of Micron, SanDisk and Western Digital.

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Seagate CEO's comments on factory building lead to memory stock sell-off

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Seagate leads memory sell-off as CEO says it would 'take too long' to build new factories

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