Western Digital is benefiting from the rising demand for large-capacity, cost-effective storage driven by AI growth, especially in the hard disk drive (HDD) market. Nearly 90% of its revenue now comes from cloud-related business, supported by long-term contracts that secure pricing visibility through 2031. The company is advancing its next-generation HAMR technology with 44TB and 50TB drives expected to fuel shipment growth through fiscal year 2027. Trading at a more attractive valuation of 22.9 times forward earnings, down from over 40 times earlier in the year, Western Digital is positioned for continued growth as AI adoption expands.

Western Digital has fallen about 14.3% as investors rotate out of semiconductor and memory names despite strong AI storage demand. The company…

With US composite PMI now at its strongest level since April 2022, the services side of the economy is doing the heavy lifting again. That demands more data, more processing power and more reliable infrastructure underneath it all. For investors, AI infrastructure stocks offer exposure to that physical backbone where demand ties directly to usage. This article walks through 3 AI Infrastructure Stocks screener picks that may merit a closer look. The 3 stocks in this article are just a starting...

What Happened? A number of stocks fell in the afternoon session after investors trimmed chip exposure to reduce portfolio risk ahead of Nvidia's highly antic...

Detailed price information for Western Digital Corp (WDC-Q) from The Globe and Mail including charting and trades.

Detailed price information for Western Digital Corp (WDC-Q) from The Globe and Mail including charting and trades.

A number of stocks fell in the afternoon session after investors trimmed chip exposure to reduce portfolio risk ahead of Nvidia

A 46% drawdown and a 150% yearly gain are both true. The number that decides the stock's case is a third one.

Western Digital is capitalizing on the AI-driven surge in demand for large-capacity, economical storage. Find out why WDC stock is a buy.

A 46% drawdown and a 150% yearly gain are both true. The number that decides the stock's case is a third one.

In recent weeks, Western Digital has faced pressure as investors moved away from high-flying semiconductor and memory names, even as demand for AI-driven and cloud storage continued to support its underlying business trends. Meanwhile, its former flash business SanDisk, now independent, has been a major AI storage beneficiary, highlighting how market rotation and differing business models can drive contrasting investor reactions across closely linked memory companies. Now, we’ll examine how...