Key Takeaways Western Digital targets 20% revenue CAGR over 35 years on surging AI storage demand.WDC projects 50% gross margins and 30% free cash flow margins under its new model.Teradata expects 2-4% ARR growth in 2026 amid rising cloud adoption and AI platform expansion.Both Western Digital Corporation (WDC) and Teradata (TDC) are tied to enterprise data infrastructure, with WDC providing the physical storage hardware, and Teradata delivering data analytics and cloud-based data platform solutions that re ...

We recently published an article titled 12 Best Data Storage Stocks to Buy Right Now. On February 18, Sandisk Corporation (NASDAQ:SNDK) announced a secondary public offering of approximately $3.09 billion of common stock currently owned by Western Digital. SanDisk will not issue new shares or receive proceeds from the transaction, which includes a concurrent debt-for-equity exchange. J.P. Morgan Securities and BofA Securities are acting as joint lead book-runners and representatives of the underwriters. ...

The RAM shortage, by the way, continues to be brutal. We had a story that the price of the Switch 2 might go up. The PlayStation 6 might be delayed.The Steam Deck OLED is going to be intermittently out of stock. It's hard to buy right now. Western Digital and I think other drive manufacturers have said they're essentially out of stock for the rest of the year.It's the middle of February. Like, it's it's crazy. Then Meta and Nvidia signed a huge deal this week uh for many many many many AI chips.Like that's ...

Since spinning off from Western Digital last year, Sandisk (NASDAQ: SNDK) has been the hottest stock in the S&P 500. In the past 12 months, the shares are up over 1,600%. This incredible run is due to its role in the artificial intelligence (AI) ecosystem, as one of the main suppliers of advanced storage devices. These devices are crucial to AI because they allow companies to store and access vast amounts of data needed to train AI models. Will AI create the world's first trillionaire? Our team just rele ...

Market Analysis by covering: SanDisk Corporation, Western Digital Corporation, Teradyne Inc. Read 's Market Analysis on Investing.com ...

We recently published 17 Stocks Jim Cramer Talked About.  Broadcom Inc. (NASDAQ:AVGO) is one of the stocks that Jim Cramer talked about. Broadcom Inc. (NASDAQ:AVGO) is a semiconductor designer and enterprise software provider. Its shares are up by 42% over the past year and down by 6.5% year-to-date. DA Davidson initiated coverage on the stock in February. It set a $335 share price target and a Neutral rating. The financial firm outlined that while Broadcom Inc. (NASDAQ:AVGO) does face tailwinds from the ...

Core Insights - Western Digital has priced a sale of shares in SanDisk, leading to a decline in SanDisk's stock price [1] Company Summary - SanDisk's stock experienced a decrease following the announcement of Western Digital's share sale [1] Industry Summary - The flash memory sector is impacted by Western Digital's strategic decisions regarding share sales, which can influence market perceptions and stock valuations [1]

VONNIE: IT IS 5:00 A.M. IN NEW YORK CITY. LET US GET YOU SET UP FOR THE DAY. A MAJOR DEAL, JAPAN VOWS TO INVEST 36 BILLION DOLLARS IN U.S. OIL, GAS AND CRITICAL MINIMAL PROJECTS. TALKS ON UKRAINE AND RUSSIA YOU -- RESUME A SECOND DAY OF PEACE NEGOTIATIONS. THE U.S. AND IRAN HAIL THEIR PROGRESS IN NUCLEAR TALKS. EQUITIES RALLYING AS AI JITTERS EASE AHEAD OF THE LATEST FED MEETING MINUTES. LET US LOOK AT THE MARKETS WITH FUTURES APPOINTED HIGHER. THE S&P FINISHED UP ABOUT .1%. NASDAQ 100 DOWN .1%. IN THE AI J ...

Core Viewpoint - Straumann Group reported full-year organic sales growth of 8.9%, exceeding expectations, driven by strong performance in EMEA markets [1] Financial Performance - The company's revenue reached 2.6 billion Swiss francs (approximately $3.4 billion), surpassing analysts' estimates of 2.59 billion francs [1]

Core Viewpoint - Western Digital is set to sell a stake worth $3.17 billion in Sandisk, indicating a strategic move in the flash memory market [1]. Group 1: Transaction Details - Western Digital will sell over 5.8 million shares of Sandisk at a price of $545 each [1]. - The offering price represents a discount of approximately 7.7% compared to Sandisk's last closing price of $590.59 [1].