Western Digital - Cloud and Data Center Boom Significantly Boosts Earnings!
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Business drivers: Western Digital (WDC) is one of the world‘s leading memory chip manufacturers. Since spinning off its flash memory business in February 2025, the company has focused entirely on hard disk technologies used in PCs, data centers, NAS systems, gaming, and surveillance. Currently, it is primarily benefiting from rising prices for HDDs. Overall, Western Digital is benefiting above all from the growing demand for storage solutions for the cloud and data center sector. On September 3, Morgan Stanley raised its price target from...
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