🟢 Western Digital is trading 4% up today on record margins and AI-driven HDD demand

WDC is trading at $449.96 (+4.27%) as the stock extends its post-earnings rally fueled by record gross margins and surging AI-related demand for HDD storage.

• Revenue surged 45% YoY to $3.34 billion, driven by massive demand for high-capacity storage solutions for AI workloads.
• Non-GAAP gross margins reached a record 50.5%, significantly outpacing analyst estimates and reflecting improved pricing power.
• Bullish Q4 guidance and a strategic focus on pure-play HDD operations have sustained the stock's momentum, outpacing the broader market.