Western Digital’s Week in Review: Shares Now Up 63% in 2026
Quick Read Western Digital (WDC) surged 63% year-to-date on AI storage demand. Western Digital unveiled plans for drives exceeding 100TB capacity by 2029. The broader memory and storage space is booming right now, Micron Technology (MU) is also up 44% year-to-date. Western Digital guided Q3 revenue to $3.2B, representing roughly 40% year-over-year growth. Western Digital’s board authorized $4B in share repurchases. Free cash flow surged 127.53% to $653M in Q2. A recent study identified one single h ...