---
schema_version: "secwatch.filing_event.v1"
accession: "0001137789-24-000194"
form_type: "8-K"
ticker: "STX"
cik: "0001137789"
company_name: "Seagate Technology Holdings plc"
filed_at: "2024-12-03T23:59:59+00:00"
generated_at: "2026-05-29T09:35:51.334573+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Seagate completes HAMR qualification, warns of up to $200M revenue hit from production delays

## Summary
- Completed qualification testing for HAMR-based Mozaic drives with several customers, including a leading cloud service provider; initial shipments expected in coming weeks.
- Production equipment re-commissioning took longer than anticipated; fiscal Q3 (ending March 28, 2025) output will be lower with revenue impact up to $200 million.
- Fiscal Q2 ending December 27, 2024, revenue and profitability trending in line with management's expectations, not impacted by production delay.
- CEO Dave Mosley to present at UBS Global Technology and AI Conference on December 3, 2024, providing business update.

## SEC filing metadata
- accession: 0001137789-24-000194
- form_type: 8-K
- ticker: STX
- cik: 0001137789
- company_name: Seagate Technology Holdings plc
- filed_at: 2024-12-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1137789/000113778924000194/0001137789-24-000194-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137789/000113778924000194/stx-20241203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001137789-24-000194
- JSON: https://secwatch.observer/filing/0001137789-24-000194.json
- Plain text: https://secwatch.observer/filing/0001137789-24-000194.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.