WDC Stock Recent News
WDC LATEST HEADLINES
In the most recent trading session, Western Digital (WDC) closed at $78.50, indicating a +1.72% shift from the previous trading day.
Western Digital stock has surged over 50% year to date, driven by hopeful investors anticipating increased valuation after the company spins off its flash unit later this year. The timing is opportunistic, as flash memory pricing has lifted substantially with the industry exiting a period of oversupply. Generative AI tailwinds have driven boosted demand for data storage, which is helping demand to recover after a weak 2022-2023.
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.
In the latest trading session, Western Digital (WDC) closed at $75.40, marking a -0.49% move from the previous day.
Western Digital (NASDAQ: WDC) has seen its stock price surge over 55% this year, while its peer Seagate (NASDAQ: STX) saw over 25% gains. The rise in WDC stock lately can be attributed to higher demand for memory targeted at artificial intelligence applications.
In the most recent trading session, Western Digital (WDC) closed at $80.23, indicating a +0.46% shift from the previous trading day.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
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.
Apple Inc (NASDAQ:AAPL) is expected to unveil significant artificial intelligence-powered enhancements to its operating system and Siri digital assistant this week, but a survey by UBS finds that user interest is limited. The addition of powerful AI is seen as marking a strategic move to bolster the Cupertino-based tech giant's offerings amid intensifying competition from Google and Microsoft.
Western Digital's (WDC) six-stage AI Data Cycle Storage Framework is designed to aid clients in strategizing and advancing storage infrastructures to fully capitalize on their AI investments.