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Stockreport

Why data storage stocks are a key AI play [Yahoo! Finance Canada]

Western Digital Corporation (WDC)  More Company Research Source: Yahoo! Finance Canada
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
“Hard disk drive supply remains tight as manufacturers are not adding unit capacity and we see this as a structural change,” Bank of America analyst Wamsi Mohan said in a recent note to clients. “As such, we continue to see demand exceeding supply, and see continued scope for OEMs to raise prices.” Seagate and Western Digital are positioned to benefit. Data centers require high-capacity hard disk drives (HDDs) for storing, training, and managing large-scale AI datasets. While GPUs, like those from Nvidia ( ), process the data, HDDs remain the most cost-effective way to store the vast amounts of information that underpin LLMs. These drives are the backbone of major infrastructure providers like Amazon ( ), Microsoft ( ), and Google ( And the industry has changed. Mohan described the sector as an “oligopoly” with only three major players. The third, Toshiba, is not explicitly included in the firm's report. “We see low threat of new entrants coming into the market,” he added. The [Read more]
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Stockreport

Why data storage stocks are a key AI play [Yahoo! Finance Canada]

Western Digital Corporation  (WDC) 
More Company Research Source: Yahoo! Finance Canada
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
“Hard disk drive supply remains tight as manufacturers are not adding unit capacity and we see this as a structural change,” Bank of America analyst Wamsi Mohan said in a recent note to clients. “As such, we continue to see demand exceeding supply, and see continued scope for OEMs to raise prices.” Seagate and Western Digital are positioned to benefit. Data centers require high-capacity hard disk drives (HDDs) for storing, training, and managing large-scale AI datasets. While GPUs, like those from Nvidia ( ), process the data, HDDs remain the most cost-effective way to store the vast amounts of information that underpin LLMs. These drives are the backbone of major infrastructure providers like Amazon ( ), Microsoft ( ), and Google ( And the industry has changed. Mohan described the sector as an “oligopoly” with only three major players. The third, Toshiba, is not explicitly included in the firm's report. “We see low threat of new entrants coming into the market,” he added. The [Read more]
IMPACT SNAPSHOT
EVENT TIME:
WDC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS