By Ragini Mathur and Utkarsh Hathi May 19 (Reuters) - U.S. indexes were on track to extend declines and open lower on Tuesday, weighed by a drop in chip stocks and persistent inflation worries despite
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Western Digital is embedding post-quantum cryptography into Ultrastar drives as hyperscalers qualify quantum-ready storage security.
Wall Street futures were heading deeper into the red ahead of Tuesday's opening bell, as investors remained unconvinced about reports on the latest US-Iran diplomacy efforts. Futures tracking the Nasdaq 100 pointed to an 0.8% drop, while S&P 500 futures were down 0.4% and those for the...
Citi reiterates a Buy rating on the flash memory supplier and boosts its price target to $2,025 from $1,300.
Western Digital Corporation (NASDAQ:WDC) is among the 10 Stocks That Will Make You Rich Over the Next Decade. On May 14, the company announced its inclusion in the 2026 S&P Dow Jones Best-in-Class Index North America, effective May 1. This is the first instance that it has been included in the index. The company described […]
Western Digital sits at the center of a fast changing analyst story, with one updated framework lifting fair value estimates from about US$371.70 to roughly US$507.61 per share. Much of this reset is tied to fresh research where several firms have raised their price targets by US$70 to US$175, leaning on revised expectations for earnings power and demand for storage tied to AI related workloads. As you read on, you will see how these shifting targets and narratives can shape the way you track...
The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.45%. June E-mini S&P futures (ESM26 ) fell -0.12%, and June E-mini Nasdaq futures...
Sandisk ride in AI storage trade faces May 20 mini-tender deadline as investors stay focused on tight NAND and soaring data-center demand.
There may be bad news for Micron today, but if so, it lies far in the future.
Western Digital sees a bright future for HDD.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.20%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.57%. June E-mini S&P futures (ESM26 ) are down -0.28%, and June E-mini Nasdaq futures...
STX rides the AI storage boom as demand for mass-capacity drives and Mozaic HAMR adoption fuel growth and margin expansion.
US stocks have been predicted to start Monday trading in the red, as they ended last week, with investors continuing to worry about rising bond yields, stubborn inflation and the economic fallout from higher oil prices. Dow Jones futures were down around 262 points or 0.4%, while S&P 500...
In recent weeks, Western Digital reported a strong fiscal third-quarter with earnings surpassing analyst expectations, supported by robust AI-driven demand for high-capacity storage and an announced 20% increase in its quarterly dividend. These results highlight how the company’s mix of advanced HDD technologies and expanding role in AI infrastructure is reshaping its earnings profile and capital return priorities. We’ll now examine how Western Digital’s stronger earnings and higher dividend...
Introduction Artificial Intelligence (“AI”) and generative AI such as ChatGPT necessitate the need for substantial memory and storage capabilities for the storage of extensive datasets, training intricate models, and handling vast volumes of data processing. Nvidia (NVDA) is the poster child of AI and generative AI through its GPU (graphical processing units) chips. GPUs are ... Seagate and Western Digital: AI Storage Demand Is Now Showing Up in Pricing Power
The market’s appetite for memory chip makers is feverish, but this subset of the semiconductor industry might be looking a bit too hot. Memory companies have been the latest beneficiaries of the artificial-intelligence investing craze, a boom that has lifted the entire semiconductor sector. The reason is its focus on memory chips and its heavy concentration on three companies in particular: Micron Technology and South Korea’s SK Hynix and Samsung Electronics.
The stock is trading up nearly 3,640% since Sandisk spun off from Western Digital last year.
Sandisk insiders are harvesting gains from a blistering stock rally that has been fueled by artificial-intelligence demand for the company’s memory products. A filing with the Securities and Exchange Commission shows Chief Accounting Officer Michael Pokorny sold 2,446 shares on Tuesday for $1,426.18 each, or roughly $3.5 million. Following the transaction, Pokorny directly owned 22,375 Sandisk shares, which were valued at just under $31 million based on Thursday’s closing price of $1,382.72.
Zacks.com users have recently been watching Western Digital (WDC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Western Digital (NasdaqGS:WDC) has been selected for the 2026 S&P Dow Jones Best-in-Class Index North America for its sustainable AI infrastructure leadership. The company announced a 20% dividend increase, signaling a shift in capital return priorities alongside its AI data infrastructure focus. Management highlighted improved financial metrics in the context of record AI related demand for its storage and data platforms. For investors tracking data infrastructure, Western Digital sits at...
BXDC starts trading on May 14.
Seagate is riding the AI storage boom as cloud demand, HAMR adoption and strong cash flow fuel growth despite valuation concerns.
A number of stocks jumped in the afternoon session after worries about a global chip shortage reached parabolic territory driven by AI optimism and strong investor momentum.
Western Digital rides the AI storage boom with surging earnings, rising hyperscaler demand and aggressive shareholder returns after its Sandisk split.
Memory stocks have skyrocketed. Can the rally keep going?
Great things are happening to the stocks in this article. They’re all outperforming the market over the last month because of positive catalysts such as a new product line, constructive news flow, or even a loyal Reddit fanbase.
SanDisk stock sank yesterday amid a broader selloff in memory and semiconductor names. But should you buy the dip in SNDK shares today?