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Seagate Technology

Manufactures storage hardware and cloud services

Test Process & Firmware Engineering Intern - Summer 2026

Summer 2026Updated
$22 - $36/hr
Internship
Bachelor's
Shakopee, MN, USA
In Person
QA & Testing, Software EngineeringEmbedded Engineering

About the job

Requirements
  • You’re currently a junior or senior working toward a bachelor’s degree in Electrical or Computer Engineering, Math, Physics, or Computer Science and enrolled in Fall 2026 classes.
  • Availability to intern during summer 2026, starting in May or June.
  • You enjoy hands-on work and are good at finding and fixing firmware issues.
  • This role is very team-oriented, so strong communication skills and a willingness to learn are important.
Responsibilities
  • Help develop, test, and integrate solutions for the recording, servo and firmware subsystems. Work on hardware bring up, help troubleshoot issues, and learn how to characterize drive performance.
  • Work closely with different engineering teams, including those who design hardware and firmware, as well as process engineers and teams launching products at our factories.
  • Plan technology projects, help integrate new ideas, support product launches at our volume sites overseas.
Desired Qualifications
  • Experience with Python and C programming is a plus.
  • Knowing how to use source code systems like Perforce is helpful.

About the company

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Seagate Technology

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Website

Seagate Technology creates and sells data storage solutions for individuals and businesses. Its products include hard drives, solid-state drives, and external drives, plus cloud storage services like Lyve Cloud. How it works: storage devices physically hold data on magnetic or solid-state media, while Lyve Cloud provides scalable, multi-cloud cloud storage that lets organizations store large volumes of data and access it over the internet. How it stands out: Seagate combines a long history of shipping storage hardware with a broad product line and a cloud storage option designed for multicloud environments, offering reliability and scalable capacity for diverse needs from gaming to enterprise data management. The company’s goal is to help people and organizations store and manage data efficiently, enabling data-intensive applications and easy data access across different platforms.

Company Size

10,001+

Company Stage

IPO

Headquarters

Fremont, CA

Founded

1979

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Simplify's Take

What believers are saying

  • July 2026 revenue hit $12.2 billion, up 34%, with $3.1 billion free cash flow.
  • Seagate said demand already outruns supply, with orders visible four to five quarters ahead.
  • AI storage demand keeps accelerating; management expects FY2027 revenue growth above FY2026.

What critics are saying

  • The $175 million Huawei settlement highlights export-control exposure and shareholder litigation through 2026.
  • NHK Spring's Supreme Court fight extends Seagate's antitrust overhang into 2027.
  • Toshiba's Philippines HDD expansion threatens capacity discipline and Seagate's duopoly pricing by 2027.

What makes Seagate Technology unique

  • HAMR-powered Mozaic drives ship 30-40TB now, with 50TB planned for 2027.
  • Seagate's nearline storage duopoly with Western Digital preserves pricing power through 2027.
  • Fiscal Q1 2027 guidance implies exceptional visibility: $4.1 billion revenue and $7.30 EPS.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Health Savings Account/Flexible Spending Account
  • Unlimited Paid Time Off
  • Paid Sick Leave
  • Paid Holidays
  • Paid Parental Leave
  • 401(k) Retirement Plan
  • Employee Stock Purchase Plan

Growth & Insights and Company News

6 month growth

1%

1 year growth

1%

2 year growth

1%
Yahoo Finance
Nov 2nd, 2026
Seagate's operating margin hits 40.5% as revenue jumps 61% to $4.23B

Seagate Technology reported fiscal first quarter 2027 revenue of $4.23 billion on October 27, 2026, up 61.0% from a year earlier. Its operating margin over the last twelve months reached 40.5%, the highest in 40 quarter ends. The median since December 2011 is 13.0%. Management credited better pricing and a richer product mix as it ramps Mozaic 4 products. Data centres supplied 81% of revenue, and most of the capacity it can make for them is allocated under long-term supply agreements through calendar 2028. Free cash flow over the last twelve months was $4.16 billion, or 30.1% of revenue. Seagate is raising its quarterly dividend by about 3% to $0.76 a share and expects significantly larger buybacks from calendar 2027. The stock fell 31.8% in October. Seagate reports its fiscal second quarter in January 2027.

Yahoo Finance
Oct 28th, 2026
Seagate shares fall 6% despite 60% revenue jump to $4.23B and dividend hike

Seagate Technology (STX) shares fell 6% in overnight trading late Tuesday, despite fiscal first-quarter results that beat expectations and a strong forecast. The stock is still up 143% this year. Revenue rose to $4.23 billion from $2.63 billion a year earlier, ahead of the $4.15 billion analysts expected. Adjusted earnings were $7.68 a share, against expectations of $7.45. For the second quarter, Seagate guided for adjusted earnings of $9.00 to $9.40 a share on revenue of $4.7 billion to $4.9 billion. It raised its quarterly dividend 2.7% to $0.76 from $0.74. Wedbush Securities analyst Matt Bryson said the implied gross margin guide of about 60% suggests margin growth is slowing, though he called the slowdown cyclical.

Yahoo Finance
Oct 24th, 2026
Seagate posts $12.2B revenue as BofA lifts target to $1,200, but yields could cap growth

Seagate closed fiscal 2026 with $12.2 billion in revenue, up 34%, and a record $3.1 billion in free cash flow. Non-GAAP earnings per share (EPS) were $15.58. Chief executive officer Dave Mosley said AI is speeding up data creation, driving "durable long-term demand for mass capacity storage." Bank of America reiterated its Buy rating and raised its price target to $1,200 from $1,150. It raised its fiscal 2027 revenue estimate to $18.7 billion from $17.5 billion, and expects pricing and margins to hold into 2028. The bank warns that growth could be capped if Seagate is slow to improve production yields on its Mozaic 4+ platform. Seagate reports first-quarter results on October 27, guiding to revenue of $4.1 billion.

Yahoo Finance
Oct 17th, 2026
Sandisk, SpaceX and Seagate lead growth picks as Iran war costs bite; SpaceX valued at $2T

Simply Wall St has named three growth stocks to watch in October 2026: Sandisk, Space Exploration Technologies, and Seagate Technology Holdings. It says analysts expect strong earnings momentum from all three, even as higher fuel and transport costs linked to the US war with Iran squeeze households. Sandisk, a flash storage maker, generates about $20.2 billion from its storage portfolio and has a market cap of roughly $204.2 billion. Demand for its enterprise SSDs is tied to AI and cloud growth. Space Exploration Technologies earns about $13.9 billion from Connectivity, $5.1 billion from AI, and $4.1 billion from Space, with a market cap of roughly $2,017.2 billion. Starlink is its main revenue driver and its only division reporting an operating profit. Seagate makes about $12.2 billion from storage solutions and has a market cap of roughly $145.3 billion.

Yahoo Finance
Oct 11th, 2026
Marvell, NVIDIA and Seagate: three AI stocks worth $5.9T combined for October 2026

Simply Wall St has picked three AI-linked stocks from a screen of companies with strong growth prospects and healthy balance sheets. The screen turned up 1,583 more businesses beyond these three. Marvell Technology makes data centre networking and storage chips, with about $9.5 billion in revenue and a market value near $241.4 billion. Management guided optical interconnect growth at more than 50% year on year in fiscal 2027, against more than 20% for its ASIC segment. NVIDIA's Compute & Networking division brought in about $275.4 billion, against roughly $27.6 billion from Graphics. The company is valued around $5.5 trillion, and a cheaper or open-source rival to its CUDA platform is seen as a risk to its margins. Seagate Technology Holdings earned about $12.2 billion from storage and is valued near $178 billion. Its growth hinges on HAMR drive adoption reaching 50%, then 70%.

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