Western Digital Corp

Quantli Newsdesk

· a day ago

Western Digital delivered fiscal fourth-quarter revenue of $3.75 billion, up 44% year over year, beating expectations with adjusted earnings of $3.56 per share. Despite strong results and guidance pointing to 9.4% sequential revenue growth, shares fell as investors took profits after a 176% rally this year, suggesting the market now demands perfection given elevated valuations.

Quantli Newsdesk

· 17 days ago

UBS projects Micron could buy back over 40% of its shares by 2028, enabled by robust cash generation from surging AI-driven memory demand. The forecast comes as the stock trades at historically low valuations despite strong fundamentals. Multiple analysts view the recent price pullback as a buying opportunity given expanding data center revenue and capacity signals from ASML.

Quantli Newsdesk

· 23 days ago

Seagate Technology Holdings declined sharply as part of a broad selloff in AI and memory chip stocks, triggered by concerns over SK Hynix's earnings outlook. The move has prompted investors to reassess expectations for AI infrastructure spending and cloud data center storage demand, which directly affects the storage industry.