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2 Data Storage Device Stocks Thriving From the AI Boom
HPEHPE(HPE) MarketBeat·2024-04-02 11:25

Key PointsWestern Digital supplies hard disk drives (HDDs) and solid state drives (SSDs) to data centers and retail customers with plans to split the two divisions into separate companies.Western Digital has seen AI accelerate the recovery in the storage device industry as it reraised its fiscal Q3 2024 EPS guidance.Seagate Technology is the largest HDD maker in the world and has bolstered HDD capacity up to 3X with its heat-assisted magnetic recording (HAMR) technology, which is integrated into its 30 TB H ...