Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Amit Singh

With Analysts Calling for Western Digital to Double Earnings, the WDC Stock Rally Isn’t Over Yet

Western Digital (WDC) stock has been on a massive run. Shares of WDC stock have surged more than 200% year-to-date (YTD) and roughly 945% over the past 52 weeks. The rally has been driven by solid artificial intelligence (AI)-led demand and the company’s rapidly expanding earnings.

As AI adoption accelerates, hyperscale cloud providers and data centers are rapidly expanding their storage infrastructure to manage exploding volumes of data. Western Digital is capitalizing on this demand through its high-capacity nearline hard disk drives, which are critical for AI workloads and enterprise data storage.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.