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Western Digital

All articles tagged with #western digital

technology14 days ago•19 min saved

Toshiba's $380M AI Storage Expansion Reshapes HDD Market Dynamics

Toshiba's plan to double hard disk drive (HDD) production capacity for AI data centers has triggered significant volatility in the storage sector. While Seagate and Western Digital initially dropped 10% on fears of increased supply, analysts argue the impact is overstated due to supply chain constraints. Seagate's recent revenue growth and long-term supply agreements suggest sustained demand, but the market remains sensitive to capacity expansions.

via Yahoo Finance|

#ai-storage #market-analysis #seagate

business15 days ago•17 min saved

HDD Stocks Rebound as Analysts Dismiss Toshiba Expansion Threat

Western Digital and Seagate shares recovered significantly on Monday after a sharp Friday decline triggered by reports of a Toshiba capacity expansion. While three major banks argued the move does not alter the industry's supply deficit, Goldman Sachs remains cautious, favoring Seagate over Western Digital.

via 24/7 Wall St.|

#business #hard-disk-drives #seagate

technology17 days ago•23 min saved

Toshiba's $380M HDD Expansion Triggers 10% Plunge in Seagate and Western Digital

Shares of Western Digital and Seagate dropped 10% on October 2, 2026, after Nikkei reported that Toshiba plans to double its hard disk drive (HDD) production capacity for AI data centers. Toshiba intends to invest roughly $380 million in a Philippines facility to grow its market share from 10% to 30% by fiscal 2027. The move threatens the supply shortage that has driven record profits for the two US incumbents, though analysts argue the impact may be overstated due to supply chain constraints and timing delays.

via MarketWatch|

#ai-storage #hard-disk-drives #seagate

technology18 days ago•18 min saved

Toshiba's $380M HDD Expansion Triggers 10% Plunge in Seagate, Western Digital

Shares of Seagate and Western Digital dropped approximately 10% on October 2, 2026, after Nikkei reported that rival Toshiba plans to double its hard disk drive (HDD) production capacity for AI data centers. Toshiba intends to invest roughly $380 million in a Philippines facility to grow its market share from 10% to 30% by fiscal 2027. The move threatens the supply shortage that has driven record profits for the two US incumbents, though analysts argue the impact may be overstated due to supply chain constraints and timing delays.

via Yahoo Finance|

#ai-infrastructure #hard-drives #seagate

technology18 days ago•20 min saved

Toshiba’s HDD Expansion Triggers 10% Plunge in Seagate and Western Digital

Shares of Seagate and Western Digital dropped approximately 10% following news that Toshiba is expanding its hard disk drive production. The move signals increased competition in the storage market, pressuring valuations for the two major incumbents.

via Yahoo Finance|

#hdd #seagate #storage

markets2 months ago•19 min saved

Memory Stocks Plunge as Rising Yields Trigger Valuation Reset

Memory and storage stocks experienced a sharp sell-off on August 18, 2026, driven by rising Treasury yields rather than fundamental shifts. Micron fell 5%, SanDisk dropped 6%, and Western Digital declined 7%. The move reflects a valuation reset for a sector that posted massive year-to-date gains, with SanDisk up 653% and Micron up 255%. Broader market indicators, such as a VIX of 14.25, suggest the decline is sector-specific rather than systemic.

via 24/7 Wall St.|

#markets #micron #sandisk

technology2 months ago•1 min saved

Peer-Reviewed Study Finds HGST and WD Drives Outperform Seagate and Toshiba in Backblaze Data Centers

A peer-reviewed study analyzing 443,156 hard drives in Backblaze data centers found that HGST and Western Digital (WD) drives have significantly lower failure rates than Seagate and Toshiba when accounting for age, capacity, and temperature. HGST drives failed at roughly 41% of Seagate’s rate, while WD drives failed at 52%. Toshiba drives had the highest failure rate, at 107% of Seagate’s rate. The study, covering 1.66 million drive-years from 2013 to 2025, highlights that raw failure figures can be misleading due to differences in drive age and fleet composition. Higher-capacity drives and cooler operating temperatures were linked to lower failure rates, with each additional terabyte reducing failure risk by 3.4%.

via TechSpot|

#backblaze #hard-drive-reliability #hgst

markets2 months ago•97 min saved

Western Digital Beats Q4 Estimates, Outlook Triggers After-Hours Sell-Off

Western Digital reported Q4 earnings of $3.56 per share on $3.75 billion in revenue, topping expectations of $3.29 and $3.69 billion. The company guided for fiscal Q1 2027 at about $3.85-$4.15 per share and $4.0-$4.2 billion in revenue, citing cloud and data workloads as growth drivers. Despite the beat, the stock fell roughly 9% in after-hours trading to around $473 on the outlook.

via Benzinga|

#earnings #guidance #markets

markets2 months ago•104 min saved

SanDisk Sparks the Week’s Biggest Implied Move as Memory Names Lead Movers

Benzinga’s Earnings Volatility Watch ranks the week’s top 10 implied moves around earnings, led by SanDisk (SNDK) with about a 17.5% move, followed by Western Digital (WDC) at roughly 13.4%, and others like AppLovin, Datadog, Cloudflare, Shopify and DoorDash. The note sits in a context of last week’s mega-cap results (MSFT and AMZN beat, AAPL and META pressured on margins) while Novo Nordisk and Eli Lilly are highlighted for GLP-1 headlines.

via Benzinga|

#earnings #implied-move #markets

business3 months ago•15 min saved

Chipmakers rebound as AI memory names ride the dip-buying wave

Micron (MU), Sandisk (SNDK), and Western Digital (WDC) trimmed losses and turned green after a dip in AI-memory names, as investors bought the dip amid renewed US–Iran tensions and softer AI-trade momentum following Samsung’s mixed profits. A Reuters report that Chinese startup DeepSeek is developing its own AI chip adds competition concerns. The rally hinges on a persistent high-bandwidth memory shortage that has boosted MU and peers, even as analysts warn hyperscalers could curb AI infrastructure spending through 2027; Fundstrat’s Tom Lee remains bullish on AI exposure. SK Hynix’s planned roughly $28 billion US IPO could test demand for AI stocks, underscoring that AI demand remains a key earnings driver this year despite volatility.

via Yahoo Finance|

#ai #business #memory-chips

business3 months ago•19 min saved

AI spending optimism lifts memory players after Micron blowout

Memory and storage stocks rallied after Micron Technology posted strong results, reinforcing the view that AI-driven demand will accelerate capital spending. Sandisk jumped about 21% and Western Digital around 4%, with other tech names like Applied Materials also higher as the SOXX rose on the Micron beat. Investors remain willing to overlook short‑term volatility if the earnings outlook justifies elevated valuations, even as Nvidia slid on Qualcomm’s data-center revenue outlook; the broader semiconductor complex has helped drive a multi‑month tech rally as AI demand tightens supply.

via Yahoo Finance|

#ai-spending #business #micron

business5 months ago•21 min saved

AI Memory Rally Lifts MU, SNDK as WDC Gains on Storage Boom

Memory and storage stocks surged as the AI memory supercycle thesis goes mainstream: Micron jumped about 11% on Cloud Memory Unit revenue of $5.28B at a 66% gross margin and forecasting $18.7B in Q2 2026 revenue; SanDisk rose ~11% after Q3 FY2026 revenue of $5.95B with datacenter revenue $1.47B; Western Digital gained ~3% as non-GAAP gross margin topped 50% and the company lifted its dividend by 20%. The rally highlights tight supply in high-bandwidth memory, enterprise NAND, and HDDs, with year-to-date gains for MU, SNDK, and WDC running into the double digits (MU ~151%, SNDK ~528%, WDC ~176%).

via 24/7 Wall St.|

#ai-memory-supercycle #business #memory

business6 months ago•18 min saved

Michigan's secret $261M megasite gamble ends with no factory

Bridge Michigan details how Mundy Township’s 2-square-mile megasite near Flint was built on $261 million in public subsidies and the targeted demolition of roughly 150 homes, all under heavy NDA secrecy to lure a semiconductor end user. Despite years of negotiations, a massive incentive offer and continued site work, no company ever committed to move in, and the project drew sharp criticism over transparency and the use of taxpayers’ money as residents watched homes and neighborhoods be cleared.

via Bridge Michigan|

#business #megasite #mundy-township

market-news8 months ago•14 min saved

WDC Stake Sale Sparks SanDisk Selloff Amid Debt Move

SanDisk stock fell about 5.7% on February 17 and slid another ~2% in after-hours trading after Western Digital disclosed plans to exit its entire SanDisk stake by selling 7.51 million shares at $535–$555, raising up to $3.09 billion to reduce debt. SanDisk will not receive any proceeds. The sale aims to swap SanDisk shares for debt held by JPMorgan and Bank of America and comes as AI-driven demand supports NAND/DRAM demand. Analysts show mixed views on SNDK, with a Moderate Buy consensus and an average target around $637.33, implying roughly 8% upside from current levels.

via TipRanks|

#debt-reduction #market-news #sndk

business8 months ago•16 min saved

WD monetizes SanDisk stake via $3B swap, triggering Sandisk share slump

Western Digital confirmed plans to monetize its SanDisk stake through a debt-for-equity swap totaling over $3 billion, continuing the unwind of their split flash business; SanDisk stock dropped sharply, with after-hours losses over 8%, though SanDisk says it is not selling stock. WD also signaled about $4 billion in share buybacks and a plan to unload the remaining Sandisk stake, a move WD had telegraphed ahead of the spin-off’s February anniversary.

via Sherwood News|

#business #debt-for-equity-swap #sandisk