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Western Digital Corporation
WDCTechnologyNASDAQUS
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In the closing of the recent trading day, Western Digital (WDC) stood at $576.93, denoting a -2.89% move from the preceding trading day.
Shares of Micron Technology (NASDAQ:MU | MU Price Prediction) are down by about 7% to $1,004 in mid-morning trading on Thursday, June 4, after Broadcom (NASDAQ:AVGO) delivered an AI chip outlook that markets viewed as underwhelming.
Western Digital Corporation (WDC) Presents at 2026 Evercore Global TMT Conference Transcript
Western Digital has surged 915% YoY, driven by robust cloud demand and exceptional margin expansion. WDC delivered strong Q3 results: $3.34B revenue (+46% YoY), $2.72 EPS, and 50.5% gross margin, with a bullish FY26–28 EPS growth outlook. Valuation remains attractive with a forward PEG of 0.86x and a $555 fair value target based on FY28 normalized EPS.
Western Digital Corporation (WDC) Presents at Bank of America 2026 Global Technology Conference Transcript
Momentum in cloud computing, IoT, auto and AI is expected to drive the prospects of Zacks Computer-Storage Devices industry players like SNDK, WDC and NLST.
I reiterate a Strong Buy on Western Digital because my original AI storage thesis has moved from expectation to proof, with Q3 2026 showing 45% revenue growth. Micron and SK Hynix are giving the market the green light on the broader AI memory cycle, and I believe WDC will benefit from the same underlying driver. My growth drivers are nearline cloud demand, UltraSMR mix, cost-per-TB declines, and HAMR. The drivers can take WDC toward roughly $20.70 of est. 2028 EPS.
My overall takeaway from the company's performance update.
Memory and storage stocks are catching another strong bid at midday Monday as the AI memory supercycle extends one of the most extraordinary runs in semiconductors.
Western Digital Corporation (Nasdaq: WDC), the storage foundation of the AI-driven data economy, today announced its presence at [url="]Computex 2026[/url] to
SAN JOSE, Calif. & TAIPEI, Taiwan--(BUSINESS WIRE)--Western Digital Corporation (Nasdaq: WDC), the storage foundation of the AI-driven data economy, today announced its presence at Computex 2026 to help the industry understand that AI infrastructure is fundamentally a data system, not just a compute system. Every AI workload - from training and inference to agentic and physical AI – continuously creates data that persists, compounds, and expands over time. This dynamic is fundamentally changing.
The raging semiconductor rally received another boost this week when UBS analyst Timothy Arcuri raised his price target on Micron Technology Inc. NASDAQ: MU to a stunning $1625, nearly triple its previous target.
WDC's Q3 FY26 gross margin jumps to 50.5% on higher-capacity drives, pricing and cost controls, with revenues up 45% to $3.3B; Q4 guide: 51%-52%.
Investors will not want to miss this information.
Shares of Super Micro Computer (NASDAQ:SMCI | SMCI Price Prediction) are up 9% on Thursday while SanDisk (NASDAQ:SNDK) stock is rising 4%.
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (Nasdaq: WDC), the storage foundation of the AI-driven data economy, today announced the appointment of Manuvir Das to its board of directors, effective May 26, 2026. Das previously held senior leadership roles at NVIDIA, Dell EMC, and Microsoft, and brings deep expertise in enterprise AI, data infrastructure, and cloud computing. He currently serves as an Operating Partner in the Digital Infrastructure group at Stonepeak Partners L.
The hard-drive specialist's latest quarter shows margins inflecting alongside revenue, and management is sending more cash back to shareholders.
SpaceX hasn't hit markets yet, but some investors are already getting a view of Wall Street from the stratosphere.
The same supply crunch behind the memory chipmaker's historic milestone is fueling enormous runs in two storage stocks, too.
The explosion of AI, cloud computing, video streaming and enterprise analytics has created an enormous demand for data storage and infrastructure solutions. Two companies operating in this rapidly evolving market are Western Digital Corporation WDC and Quantum Corporation QMCO.
Zacks.com users have recently been watching Western Digital (WDC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Major semiconductor and AI stocks looking to jump on Wednesday, as we see a lot of interest in the AI-related names in the NASDAQ.
MU tops a $1T valuation as booming AI demand and chip shortages lift memory and storage stocks like WDC, SNDK and STX.
This new ETF is up 90% in less than two months.
This is one of the most innovative companies in the world.
Shares of Micron Technology (NASDAQ:MU | MU Price Prediction) are leading the memory complex sharply higher in midday trading, rallying 16% on the session after UBS analyst Timothy Arcuri delivered one of the most aggressive sell-side revisions of the AI cycle.
On a recent episode of the Earn Your Leisure podcast titled "The AI Boom Isn't Over! Micron Technology Just Proved It!", a panelist from the Market Moneys platform celebrated a multi-year call on memory that has paid off in spectacular fashion with a 2,000% personal return on Micron. The show also discussed the more important... Micron Technology Delivered 2,000% Return for One Investor as Memory Shortage Fuels AI Rally
Does Western Digital (WDC) have what it takes to be a top stock pick for momentum investors? Let's find out.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Artificial intelligence is turning the semiconductor industry upside down.
The data storage company is booming.
Memory stocks are bouncing hard at midday on Thursday after a punishing week for the sector.
As AI has evolved into continuous, production-scale data systems, the challenge of managing the explosive growth of data storage requirements is now at the sam
SAN JOSE, Calif.--(BUSINESS WIRE)--As AI has evolved into continuous, production-scale data systems, the challenge of managing the explosive growth of data storage requirements is now at the same level as compute challenges. In a new survey of a cross-section of its largest global customers and distributors, Western Digital Corporation (Nasdaq: WDC) found that, amongst other unique market insights, enterprises are prioritizing infrastructure that delivers proven reliability, predictable economi.
Shares of Micron Technology (NASDAQ:MU | MU Price Prediction) are up 6% in midday trading on Tuesday, leading the memory complex higher after a brutal week.
The AI memory-chip trade may be entering its next speculative phase. After leveraged ETF filings were tied to the booming Micron Technology Inc (NASDAQ:MU)-led memory rally, ETF issuers are now moving into structured-product territory.
Western Digital is embedding post-quantum cryptography into Ultrastar drives as hyperscalers qualify quantum-ready storage security.
Western Digital Corporation (WDC) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
STX rides the AI storage boom as demand for mass-capacity drives and Mozaic HAMR adoption fuel growth and margin expansion.
Western Digital Corporation (Nasdaq: WDC), the storage foundation of the AI-driven data economy, today announced a significant step in next-generation infrastr
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (Nasdaq: WDC), the storage foundation of the AI-driven data economy, today announced a significant step in next-generation infrastructure security with the integration of post-quantum cryptography (PQC) into its newest high-capacity Ultrastar® UltraSMR hard disk drives. As AI infrastructure evolves from compute-centric deployments to data systems that persistently retain information across every inference, training run, and interact.
Sandisk is still a cyclical stock, but it's riding one doozy of an upcycle.
Chart 1 Revenue Recovery Reflects Different Operating Models According to Chart 2, HDD revenues recovered sharply through 2024 and stabilized above $6 billion per quarter into early 2026.
Zacks.com users have recently been watching Western Digital (WDC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Western Digital rides the AI storage boom with surging earnings, rising hyperscaler demand and aggressive shareholder returns after its Sandisk split.
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (Nasdaq: WDC) today announced it has been included in the 2026 S&P Dow Jones Best‑in‑Class Index (DJ BIC) North America for the first time, recognizing the company's leadership in building sustainable infrastructure for AI systems operating at increasing scale. The inclusion, effective May 1, 2026, reflects WD's strong performance across environmental, social, governance, and economic pillars. The S&P DJ BIC North America re.
Micron Technology (MU) led a broader rally in memory chip stocks on Wednesday, while SanDisk (SNDK), Western Digital (WDC) and Seagate Technology (STX) also mov
The explosive growth of artificial intelligence (AI) infrastructure has hit a critical constraint—memory chips—driving a newly launched ETF to staggering gains and pushing top semiconductor stocks to record heights.
Shares of SanDisk (NASDAQ:SNDK | SNDK Price Prediction) are down 9% to around $1,405 in Tuesday midday trading.
If you missed out on the AI chip boom, the memory space could be a second chance to profit.
This memory stock is hotter than any other S&P 500 member. But could its sizzle soon fizzle?
SanDisk's (NASDAQ:SNDK) post-spin rally has turned one of 2025's cleaner separation stories into a market-cap upset.
Shares of the Roundhill Memory ETF (CBOE:DRAM) are extending a parabolic run, trading near $55.80 in Monday midday action and up about 6% on the day.
Western Digital WDC shares surged 7% on Monday as investors increased bets on companies positioned to benefit from the accelerating AI-driven memory and storage boom. The rally in Western Digital comes amid growing optimism around demand for high-capacity data center storage, with investors viewing the company as a key beneficiary of expanding AI infrastructure spending.
When it comes to artificial intelligence (AI) stocks, dividend returns aren't typically what investors think of. Among technology stocks in the S&P 500 Index; approximately half do not pay a dividend at all.
AI hyperscaler spending is driving soaring demand for memory and storage chips, boosting MU, WDC and SNDK prospects.
For the quarter, Alger SICAV - Alger Dynamic Opportunities Fund portfolio's average long exposure was 78.38% and the average short exposure was -30.91%. Long positions Nebius Group N.V., Western Digital Corporation and GE Vernova Inc. were among the top contributors to performance. Long positions AppLovin Corp., Amazon.com, Inc. and MongoDB, Inc. were among the top detractors from performance.
The incredible demand for storage in data centers has been a tailwind for Western Digital, and the good news is that its red-hot rally is far from being over.
Memory and storage stocks are surging in mid-morning Friday trading as the AI memory supercycle thesis goes fully mainstream.
While the benchmark S&P 500 index is overall almost 8% in the green in 2026 and close to its all-time highs (ATH), there has been significant divergence between the performance of the various stocks contained within.
