Western Digital Stock News

Data storage stocks are racking up gains.

Shares of two data storage providers were among the top performers in the benchmark index to kick off the trading week on signs of booming demand for artificial intelligence. Meanwhile, shares of a major packaged food company came under pressure after an analyst cautioned that price hikes were weighing on sales volumes.

Western Digital Corporation (NASDAQ:WDC ) Goldman Sachs Communacopia + Technology Conference 2025 September 10, 2025 5:25 PM EDT Company Participants Kris Sennesael - Chief Financial Officer Conference Call Participants James Schneider - Goldman Sachs Group, Inc., Research Division Presentation James Schneider Senior Research Analyst Okay. Let's get started.

During the week ending September 5, the S&P 500 was essentially unchanged, slipping 0.12%. In contrast, several S&P 500 constituents—particularly AI-related names—posted strong gains.

Western Digital Corporation (NASDAQ:WDC ) Citi's 2025 Global Technology, Media and Telecommunications Conference September 3, 2025 9:30 AM EDT Company Participants Tiang Yew Tan - CEO & Director Kris Sennesael - Chief Financial Officer Conference Call Participants Asiya Merchant - Citigroup Inc., Research Division Presentation Asiya Merchant VP & Analyst Here because we're always running short ...

Western Digital trades at a discount to peers, which makes now an attractive time to buy, the firm says.

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) today announced management participation in the following upcoming investor conferences: Event: Citi's 2025 Global TMT Conference Date: Wednesday, September 3, 2025 at 6:30 a.m. PT / 9:30 a.m. ET Event: Goldman Sachs Communacopia + Technology Conference 2025 Date: Wednesday, September 10, 2025 at 2:25 p.m. PT / 5:25 p.m. ET ...

Western Digital remains a buy, as its pure-play HDD business delivers >30% growth, fueled by strong AI-driven datacenter demand post-Flash spin-off. Disciplined supply management and stable pricing have driven healthy gross margins, reducing historical boom-bust cycles and supporting robust free cash flow. Q4 results exceeded expectations with 30% revenue growth, surging cloud/data center shipm...