The AI stock giant has been one of the biggest wealth creators for investors in recent times. Recently, Evercore opined that Western Digital (WDC), a storage company, has been “underrated” by investors. Even in that scenario, WDC stock has soared 895.6% over the past 52 weeks. The ferocity of the rally from undervalued levels says…
The rise of AI is fueling a storage crisis that could boost the profits of Seagate Technology (STX) and Western Digital (WDC) for years. “Hard drive supply remains tight as manufacturers are not adding unit capacity and we see this as a structural change,” Bank of America analyst Wamsi Mohan said in a recent note…
While much of the artificial intelligence (AI) debate remained focused on Nvidia (NVDA) in 2025, it still failed to emerge as the best-performing stock in the S&P 500 Index ($SPX). Instead, a handful of unexpected names, including SanDisk (SNDK), Western Digital (WDC), and Robinhood Markets (HOOD), overtook the bigger names to lead the index this…
By Shashwat Chauhan (Reuters) – Shares of data storage companies such as Seagate and Western Digital have far outperformed the broader market this year, driven by staggering demand for hard drives in the global race to expand AI-related infrastructure. Both Seagate and Western Digital shares were trading at record levels, having risen more than 200%…
