Western Digital (WDC) Posts 333% YTD Growth Amid AI Demand
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowWestern Digital (WDC) has achieved a year-to-date gain of 333%, benefiting from the AI boom and strong demand for hard disk drives. In its fiscal 2026 third quarter, the company reported 45% year-over-year revenue growth and 11% sequential growth. Projected revenue for the fourth quarter is $3.65 billion, indicating a sequential growth of 9.4%. With 809 planned data centers requiring storage solutions, Western Digital is positioned well in the growing AI market, as highlighted by CEO Irving Tan’s remarks on their critical role in AI data management.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Western Digital Corporation (WDC)
Western Digital makes hard drives and flash-storage products.
The Information Technology sector covers hardware, software and semiconductor companies driving the digital economy.
Earlier WDC news
- Western Digital (WDC) CLO sells $48,640 in company stock
- Seagate (STX) Shares Drop Over 8% Amid Factory Capacity Concerns
- Western Digital (WDC) Stock Slides Despite Earnings Beat
- Western Digital Corporation (WDC) Share Hits $374.11 with 35.36 P/E
- Sandisk (SNDK) Faces Memory Demand Surge Amid Supply Shortages
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