Will Strong Cloud and AI Demand Continue Driving WDC's Revenues?

Key Takeaways Western Digital shipped 190 exabytes in Q4, up 32% year over year on nearline HDD demand.Shipments of 26TB CMR and 32TB UltraSMR drives doubled, surpassing 1.7M units in June.Q4 revenues jumped 30% year over year; Q1 guidance sees $2.7B midpoint, up 22% year over year.Western Digital Corporation (WDC) is seeing strong momentum as cloud adoption and AI continue to reshape global storage needs. The company is benefiting from surging demand for high-capacity drives that support the growing data r ...