Western Digital
Western Digital (NASDAQ:WDC) shares climbed 8% this week, reaching new all-time highs as the company officially announced that its production capacity for high-capacity hard drives is fully booked through the end of 2026. This surge underscores a dramatic transformation for the storage giant, which has successfully pivoted from a
Western Digital
Western Digital Corp. (NASDAQ: WDC) officially completed its long-awaited separation from the flash memory market today, announcing the sale of its remaining 7.5 million share stake in the newly independent SanDisk (NASDAQ: SNDK). The transaction, structured as a secondary public offering to raise approximately $3.1 billion, marks the
Western Digital
The global technology sector has shifted its focus from the raw processing power required for AI training to the massive infrastructure needed for data retention and inference. Western Digital (NASDAQ: WDC) has emerged as the surprise champion of the storage market. By early 2026, the company has not only successfully
Data Storage
The high-flying data-storage sector, which powered much of the market's gains throughout 2025, hit a significant roadblock in the first week of 2026. After a blistering start to the year, a sharp reversal in storage shares has sent ripples through the technology-heavy Nasdaq, snapping a three-session winning streak
Data Storage
The tech-heavy Nasdaq Composite faced significant downward pressure this week as the data storage sector, a former darling of the 2025 AI bull market, underwent a sharp and sudden correction. After a massive surge during the first few days of the year, profit-taking in high-flying storage stocks on January 8,
Western Digital
As the ball dropped in Times Square to ring in 2026, investors in the data storage sector were busy calculating their gains from a historic 2025. After a year where Western Digital (NASDAQ:WDC) and its peers redefined the "AI trade," the final weeks of December brought a