Western Digital News - May 2026
🟢 WDC is trading 4.3% up today on supply concerns amid potential Samsung strike
WDC is trading 4.3% up today at $479.56, extending a multi-day rally driven by favorable supply-demand dynamics in the memory and storage sector. • The stock...
Kioxia targets US listing, fueled by surging AI memory chip demand
Japanese memory chipmaker Kioxia is preparing to list its shares on a U.S. exchange. This strategic move aims to expand the company's investor base and...
🟢 WDC is trading 6.5% up today on record margins and AI storage demand
WDC is trading at $471.21 (+6.52%) as the stock continues to rally following its Q3 2026 earnings report, which featured record 50% margins and a bullish Q4...
Western Digital Rides the AI Storage Wave to Record Earnings — But Can a Hard Drive Maker Sustain a 41x Valuation?
Shares shifted as Wall Street scrambled to upgrade Western Digital after a blowout fiscal Q3, raising a fundamental question: Is the world's appetite for AI...
Western Digital upgraded to buy, citing AI demand and dividend hike
Wall Street Zen upgraded Western Digital Corporation from hold to buy on May 2, 2026. This move follows a third-quarter financial report that exceeded both...
Western Digital's third quarter 2026 revenue surged 45% to $3.34 billion with gross margins exceeding 50%.
Western Digital reported fiscal third quarter 2026 revenue of $3.34 billion, up 45% year-over-year, with non-GAAP diluted EPS of $2.72. The results reflect...