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Track Western Digital Corporation in real time with a live news feed covering Western Digital Corporation stock news, official press releases, company announcements, and an archive of historical Western Digital Corporation news. ...more
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6:50 PM | Thursday | Jun 4, 2026
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In the closing of the recent trading day, Western Digital (WDC) stood at $576.93, denoting a -2.89% move from the preceding trading day.
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In the closing of the recent trading day, Western Digital (WDC) stood at $576.93, denoting a -2.89% move from the preceding trading day.
Read full article
Shares of Micron Technology (NASDAQ:MU | MU Price Prediction) are down by about 7% to $1,004 in mid-morning trading on Thursday, June 4, after Broadcom (NASDAQ:AVGO) delivered an AI chip outlook that markets viewed as underwhelming.
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Shares of Micron Technology (NASDAQ:MU | MU Price Prediction) are down by about 7% to $1,004 in mid-morning trading on Thursday, June 4, after Broadcom (NASDAQ:AVGO) delivered an AI chip outlook that markets viewed as underwhelming.
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Western Digital has surged 915% YoY, driven by robust cloud demand and exceptional margin expansion. WDC delivered strong Q3 results: $3.34B revenue (+46% YoY), $2.72 EPS, and 50.5% gross margin, with a bullish FY26–28 EPS growth outlook.
Valuation remains attractive with a forward PEG of 0.86x and a $555 fair value target based on FY28 normalized EPS.
Momentum in cloud computing, IoT, auto and AI is expected to drive the prospects of Zacks Computer-Storage Devices industry players like SNDK, WDC and NLST.
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Western Digital Corporation (Nasdaq: WDC), the storage foundation of the AI-driven data economy, today announced its presence at [url="]Computex 2026[/url] to
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WDC's Q3 FY26 gross margin jumps to 50.5% on higher-capacity drives, pricing and cost controls, with revenues up 45% to $3.3B; Q4 guide: 51%-52%.
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Investors will not want to miss this information.
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Shares of Super Micro Computer (NASDAQ:SMCI | SMCI Price Prediction) are up 9% on Thursday while SanDisk (NASDAQ:SNDK) stock is rising 4%.
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SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (Nasdaq: WDC), the storage foundation of the AI-driven data economy, today announced the appointment of Manuvir Das to its board of directors, effective May 26, 2026. Das previously held senior leadership roles at NVIDIA, Dell EMC, and Microsoft, and brings deep expertise in enterprise AI, data infrastructure, and cloud computing. He currently serves as an Operating Partner in the Digital Infrastructure group at Stonepeak Partners L.
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The explosion of AI, cloud computing, video streaming and enterprise analytics has created an enormous demand for data storage and infrastructure solutions. Two companies operating in this rapidly evolving market are Western Digital Corporation WDC and Quantum Corporation QMCO.
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Zacks.com users have recently been watching Western Digital (WDC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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