Western Digital shares fall nearly 10% on Apple-CXMT memory supply talks

Price Action
โดย Simply Wall St·Read original
Summary · why it matters

Western Digital shares declined nearly 10% in a sector-wide selloff affecting semiconductor and memory stocks. Concerns include a pause in AI-related chip spending and macro headwinds weighing on sentiment across the group. Apple is reportedly exploring a partnership with Chinese memory supplier CXMT, raising the risk of lower-cost supply entering Western Digital's markets. The potential Apple and CXMT tie-up could pressure pricing and terms on high-margin mobile and data center contracts for Western Digital and peers. Western Digital, trading around $539.0 per share, has seen a sharp pullback of about 10% tied to the recent sector-wide selloff, even after strong recent earnings and generally positive analyst commentary.

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