Market News for Western Digital Corp (WDC)
Despite drawing relatively few headlines, Western Digital (NASDAQ: WDC) stock has been one of the best-performing large-cap stocks in the last 12 months. Indeed, WDC share price increased 612% from $41.78 to $297.73 over the previous 52 weeks, and the firm's valuation shot up from about $14 billion to over $100 billion....
Finbold - 4/2/2026 5:28:32 AM
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Western Digital (WDC) is now a pure-play HDD supplier, capitalizing on AI-driven cloud infrastructure demand and benefiting from multi-year purchase commitments from hyperscalers. WDC's product mix is shifting toward higher-capacity nearline drives, with UltraSMR adoption exceeding 50%, driving gross margin expansion and operating leverage. The company is sold out for 2026, has long-term agreements into 2027–2028, and is positioned as a critical supplier in the ongoing data center buildout....
Seeking Alpha - 4/2/2026 1:53:21 AM
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