Western Digital Corporation (WDC) Presents at Citi's 2026 Global TMT Conference Transcript
Western Digital Corporation (WDC) Presents at Citi's 2026 Global TMT Conference Transcript
Western Digital Corporation (WDC) Presents at Citi's 2026 Global TMT Conference Transcript
The latest trading day saw Western Digital (WDC) settling at $477.3, representing a +2.1% change from its previous close.
Nearly every drive the hard drive maker can build this year is already spoken for. Which storage stock does all that locked-in demand reward most?
WDC entered fiscal 2027 with stronger cash generation, a net cash position and plans to keep returning free cash flow to shareholders.
Western Digital is poised to benefit from AI-driven data growth as inference, Agentic AI and emerging workloads fuel long-term storage demand.
Western Digital (WDC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
California State Teachers Retirement System boosted its stake in Western Digital Corporation (NASDAQ: WDC) by 64,424.3% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 338,388,746 shares of the data storage provider's stock after buying an additional 337,864,310
AI stocks have proven to be highly volatile, but there's one thing that AI can't live without: electricity.
The AI trade is bucking the trend Friday.
Western Digital's AI-driven storage growth, rising HDD pricing and expanding margins strengthen its case, but lofty expectations make the stock a closer call.
Investors watching the semiconductor sector are seeing headlines about China's latest breakthroughs in memory chips. ChangXin Memory Technologies (CXMT) recently initiated small-batch production of high-bandwidth memory and plans to mass-produce LPDDR6 silicon later this year.
The memory industry remains in focus as investors weigh strong pricing, rapid market growth and shifting competitive positions across major players including Samsung Electronics Co. Ltd. (OTC:SSNLF), SK Hynix Inc. (NASDAQ:SKHY), Micron Technology Inc. (NASDAQ:MU), Kioxia, Sandisk Corp. (NASDAQ:SNDK) and YMTC.
Western Digital (NASDAQ: WDC - Get Free Report) and TDK (OTCMKTS:TTDKY - Get Free Report) are both large-cap technology companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, risk, earnings, dividends, analyst recommendations, institutional ownership and profitability. Profitability This table compares Western Digital and TDK's
Jessica Inskip (@jessicainskip) turns to three stocks she sees becoming more tied to the AI trade. She notes GE Vernova (GEV) seeing the benefits of an expanding data center buildout, BlackRock (BLK) as a compelling stock with several arms for growth in the debt markets, and points to strong EPS upwards revisions in Western Digital (WDC).
Shares of Western Digital (NASDAQ:WDC | WDC Price Prediction) have moved the wrong way during a month when nearly every other storage and memory name has rallied.
NVDA's strong second-quarter and AI demand could fuel further gains for MU, SNDK, STX and WDC.
Algert Global LLC purchased a new position in Western Digital Corporation (NASDAQ: WDC) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,875 shares of the data storage provider's stock, valued at approximately $5,030,000. Other institutional investors and hedge
Digital, Sandisk and Super Micro Computer have been highlighted in this Industry Outlook article.
Markets haven't moved much in August as volatility has hit, especially with AI. But the memory and storage trade isn't slowing.
The memory trade is unwinding on Thursday even as the broader semiconductor complex trades higher, a split that captures a classic case of great news landing into a crowded and heavily extended position.