Welcome Innovation Day February 3, 2026 © 20 26 W ESTE RN DIGITAL C ORPOR ATION OR ITS A F FIL IA TES. AL L R IGH TS RES ERV ED . Innovation Day Ambrish Srivastava © 20 26 W ESTE RN DIGITAL C ORPOR ATION OR ITS A F FIL IA TES. AL L R IGH TS RES ERV ED . Disclaimers FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of federal securities laws, including statements regarding expectations for: the company's business outlook and financial performance for the fisc ...

Western Digital said on Tuesday its board has approved $4 billion more for share repurchases, as demand for its memory chips used in artificial intelligence servers surges. ...

This stock may have plenty of room to run.Over the past few years, certain companies have emerged as clear artificial intelligence (AI) winners of today and tomorrow. These have been players like Nvidia, which designs the key element needed to power AI -- the AI chip -- as well as companies that offer cloud services, or the infrastructure needed to run AI workloads. These are giants such as Amazon as well as smaller AI-focused companies like CoreWeave.In any case, these AI players have garnered a great deal ...

ROMAINE: A BOUNCEBACK AND U.S. MANUFACTURING LEADS TO REBOUND IN U.S. EQUITIES. HERE AT BLOOMBERG HEADQUARTERS IN NEW YORK, I'M ROMAINE BOSTICK. KATIE: WE'RE KICKING YOU OFF TO THE CLOSING BELL HERE IN THE U.S., THE S&P 500 HEADING FOR RECORD HIGH.HIGHER BY ABOUT .5% RIGHT NOW. WE HAD U.S. ISM MANUFACTURING COME IN STRONG AS MORNING, YOU SEE THAT IN THE NASDAQ 100, GIVING A LIFT TO YIELDS. FOR KNOCKING ON THE DOOR OF 4.30%, THEN YOU LOOK AT THE DOLLAR, CONTINUING TO RALLY.BLOOMBERG DOLLAR SPOT INDEX HIGHER ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greifeld, taking you through to that closing bell with a global simulcast. It starts right now.Carol Massar Tim Stenovec back in the radio room. Welcome to our audiences across all of our Bloomberg platforms, including our partnership with you to peer on a potentially record setting day for the Dow transportation average, as well as the S&P 500. And a happy belated birthday.Just don't stand back. Thank you. ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greifeld, taking you through to that closing bell with a global simulcast. It starts right now.Carol Massar Tim Stenovec back in the radio room. Welcome to our audiences across all of our Bloomberg platforms, including our partnership with you to peer on a potentially record setting day for the Dow transportation average, as well as the S&P 500. And a happy belated birthday.Just don't stand back. Thank you. ...

It was almost exactly one year ago that Sandisk ( NASDAQ:SNDK ) was spun off from Western Digital ( NASDAQ:WDC ) as a standalone business. ...

Core Insights - Western Digital has seen significant institutional investment, with 92.51% of its stock owned by institutional investors, indicating strong confidence in the company [1] - Analysts have raised their price targets for Western Digital, with estimates ranging from $163.00 to $335.00, reflecting a positive outlook on the stock [2] - The company reported strong quarterly earnings, with an EPS of $2.13, exceeding expectations, and a revenue of $3.02 billion, which is a 25.2% increase year-over-year [5][7] Institutional Investment - SYM FINANCIAL Corp acquired a new position valued at approximately $225,000 in the second quarter [1] - Nordea Investment Management AB increased its stake by 9.6%, now holding shares worth $1,938,000 after purchasing an additional 2,656 shares [1] - Resona Asset Management Co. Ltd. boosted its stake by 7.1%, owning shares valued at $7,594,000 after buying 7,913 additional shares [1] Analyst Ratings - Benchmark raised its price target from $115.00 to $163.00, maintaining a "buy" rating [2] - Wells Fargo set a target price of $335.00 with an "overweight" rating [2] - The consensus rating for Western Digital is "Moderate Buy" with an average target price of $244.95 [2] Insider Activity - CEO Irving Tan sold 20,000 shares at an average price of $150.69, totaling $3,013,800, reducing his ownership by 3.01% [3] - Insider Cynthia L. Tregillis sold 447 shares at an average price of $229.00, valued at $102,363, representing a 0.31% decrease in her position [3] - Over the last 90 days, insiders sold 26,816 shares valued at $4,116,148, with insiders owning 0.18% of the stock [3] Company Performance - Western Digital's stock opened at $250.23, with a market capitalization of $85.55 billion and a P/E ratio of 25.10 [4] - The company has a one-year low of $28.83 and a high of $285.42, indicating significant volatility [4] - Financial ratios include a debt-to-equity ratio of 0.42, a current ratio of 1.21, and a quick ratio of 0.94 [4] Earnings Report - The latest quarterly earnings report showed an EPS of $2.13, surpassing the consensus estimate of $1.93 by $0.20 [5] - Revenue for the quarter was $3.02 billion, exceeding expectations of $2.93 billion [5] - The return on equity was reported at 44.67% with a net margin of 35.52% [5] Dividend Announcement - Western Digital announced a quarterly dividend of $0.125 per share, with an annualized yield of 0.2% [8] - The ex-dividend date is set for March 5th, with a payout ratio of 5.02% [8]

Core Viewpoint - The article emphasizes the importance of conducting personal in-depth research and due diligence before making investment decisions, highlighting the inherent risks involved in trading [3]. Group 1 - The analysis is intended solely for informational purposes and should not be interpreted as professional investment advice [3]. - There is a clear disclaimer regarding the lack of any stock, option, or similar derivative positions in the companies mentioned, indicating a neutral stance [2]. - The article expresses the author's personal opinions and does not reflect the views of any affiliated organization [4].

Core Insights - José Muñoz, the first non-Korean leader of the automaker, aims to accelerate the establishment of factories in the U.S. [1] Company Strategy - The company is focusing on expanding its manufacturing footprint in the U.S. to enhance production capabilities [1]