Western Digital Corporation is trading 5.3% up at $717.46, extending a sharp multi-day rally fueled by surging AI-related storage demand and data center needs.
- The stock is benefiting from tight HDD supply and a wave of bullish analyst sentiment, including raised price targets and a dividend increase payable June 17, 2026.
- Investors continue to bid up the shares as a primary AI infrastructure beneficiary, maintaining momentum despite already strong year-to-date performance.