🔴 Seagate Technology is trading 8% down on October 15, 2026, as CPI revived rate-hike expectations

Seagate Technology is trading at $663.98, down 7.94%, in live trading on October 15, 2026, amid a broad technology and semiconductor sell-off. Reuters reported that hotter-than-expected U.S. CPI revived rate-hike expectations, while AI financing risks weighed on technology shares.

• The Nasdaq fell 1.9%, and semiconductor losses extended into a sixth day.
• No company-specific announcement was identified; the decline was consistent with the wider sector weakness described in today’s market context.