Western Digital (WDC): HDD Triumph – The underestimated wave of AI Storage!
Western Digital is massively benefiting from the relentless investment cycle in AI and data centers, reflected in an impressive increase in profit margins and persistently strong demand for HDDs!
Reading Time: 1 minute
I see the recent quarterly results of Western Digital as an impressive proof that the demand for Hard Disk Drives (HDDs) in the era of cloud computing and artificial intelligence has been massively underestimated. The company has significantly exceeded consensus expectations with its earnings and revenue. Even more importantly, the gross margin has improved significantly from 37.3% to 43.9%, indicating a successful shift to high-capacity, higher-margin drives. The stock, which has already risen over 200% this year, is further fueled by long-term...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
