Western Digital CorporationWDC
Mentioned
Western Digital shares fell amid a broader selloff in global memory and AI infrastructure stocks, triggered by a downturn in Korean memory companies. The decline follows a period of record highs driven by AI-related demand, tight supply, and strong risk appetite for chipmakers. The pullback reflects wider technology sector concerns, including valuation questions, regulatory changes, and market liquidations in South Korea. Western Digital, a key supplier of hard drives and flash storage for data centers and AI infrastructure, saw its recent momentum tested as investors reassessed enthusiasm for AI-driven storage demand and sector valuations.
Western Digital Corporation