Western Digital is a leading provider of data storage solutions, specializing in hard drives, solid-state drives, and cloud storage services. The company designs, manufactures, and sells a variety of storage devices for personal and enterprise use, catering to the needs of consumers, businesses, and data centers around the globe. With a focus on innovation, Western Digital continually develops advanced technologies to enhance data management and security, enabling users to store and access their information efficiently and reliably. The company plays a vital role in the digital economy, powering everything from personal computing and gaming to large-scale enterprise applications. Read More
Shares of leading data storage manufacturer Western Digital (NASDAQ: WDC)
jumped 2.8% in the afternoon session after multiple analysts raised their price targets and the company announced the expansion of a key testing facility to meet rising demand from the artificial intelligence (AI) sector.
Western Digital (Nasdaq: WDC), the backbone of the AI-driven data economy, today announced the opening of its expanded System Integration and Test (SIT) Lab, a state-of-the-art 25,600 square foot facility designed to accelerate customer success and unlock faster time to value. As AI applications drive unprecedented storage demands, the new lab directly addresses what customers need most: faster, more predictable qualification of Western Digital’s reliable high-capacity HDDs.
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Stay updated with the movements of the S&P500 index one hour before the close of the markets on Monday. Discover which stocks are leading as top gainers and losers in today's session.
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