Seagate Technology shares fell 11% on Friday, while Western Digital dropped 7%, after a report that Toshiba plans to significantly expand its hard disk drive production capacity to meet growing demand from AI data centers.
Seagate Technology shares fell 11% on Friday, while Western Digital dropped 7%, after a report that Toshiba plans to significantly expand its hard disk drive production capacity to meet growing demand from AI data centers.
Sandisk (SNDK) was falling early on Wednesday as its former parent Western Digital (WDC) plans to sell shares in the flash memory company. It shouldn’t be a concern for Sandisk shareholders.
Western Digital (WDC) said on Tuesday its board has approved $4 billion more for share repurchases, as demand for its memory chips used in artificial intelligence servers surges.