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Stock impact report

Western Digital Corp: Why I Was Wrong On AI Here [Seeking Alpha]

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: Seeking Alpha
AI is hitting the gas pedal on large-cap storage demand to keep up with training and all the data generated via AI. WDC and STX are clear winners from this. We downgraded WDC much too early on fears that the demand-supply balance may be loss and positives were priced in but we were far too early. WDC's 1QFY26 results confirm that demand continues to outpace supply, leading to ASP benefit on large-cap storage, and management is showing no signs of increasing supply. We're upgrading WDC to a buy but recommend investors choose entry points with caution. JHVEPhoto/iStock Editorial via Getty Images Western Digital Corp ( WDC ) is well-rooted within the current AI infrastructure build-out; the logic behind this is fairly straightforward. WDC is an HDD provider, i.e., large-capacity storage solutions, which are in high demand as demand for data increases in the AI era. More on my IG service Don't just invest—dominate with Tech Contrarians' realized return on closed positions o Show less Read more
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