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Data storage solutions device maker Western Digital Co. NASDAQ: WDC is benefitting dramatically from the secular tailwinds of artificial intelligence (AI) adoption.
Western Digital's (WDC) fiscal third-quarter top-line performance is driven by strength in the cloud segment, especially higher near-line shipments.
Western Digital surpassed expectations for quarterly revenue and profit on Thursday, riding on a surge in demand for its data storage products from cloud service providers.
As Western Digital Corporation (NASDAQ: WDC) prepares to announce its Q3 earnings later this week, investors are poised on the edge of their seats, eagerly anticipating the company's performance amidst a pivotal moment in its trajectory. Western Digital's positioning within the semiconductor industry, positions it as a key player in the storage market's resurgence.
Western Digital WDC is scheduled to report fiscal third-quarter 2024 results on Apr 25.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Western Digital (WDC) closed the most recent trading day at $71.06, moving +0.89% from the previous trading session.
Recently, Zacks.com users have been paying close attention to Western Digital (WDC). This makes it worthwhile to examine what the stock has in store.
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) plans to announce its third quarter fiscal year 2024 financial results after the market closes on Thursday, April 25, 2024. The investment community conference call to discuss these results will be held that day at 1:30 p.m. Pacific / 4:30 p.m. Eastern. A live audio webcast and a webcast replay of the conference call will be available at investor.wdc.com. About Western Digital Western Digital is on a mission to unlock the po.
While the stock market exhibits signs of slowing down, the artificial intelligence hype persists, presenting investment opportunities for traders. Among these opportunities are lesser-known names that offer significant value and potential.