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0.00336438923395447 0.0010351966873706 0.00350555241859592 0.00489365706757007 0.0189041031432335 0.00527009222661399 0.0141751364577451 0.00830510069640498
Stock impact report

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

Western Digital Corporation (WDC) 
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
Company Research Source: Yahoo! Finance
“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 ( NVDA ), 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 ( AMZN ), Microsoft ( MSFT ), and Google ( GOOG GOOGL 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 Show less Read more
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