Will AI Demand Continue To Drive Western Digital Stock Higher?
Western Digital(WDC) Forbes·2024-09-23 20:00
SanDisk adapter and microSD card are seen in this illustration photo taken in Krakow, Poland on ... [+] January 30, 2023. (Photo by Jakub Porzycki/NurPhoto via Getty Images)NurPhoto via Getty ImagesWestern Digital stock (NASDAQ: WDC) has seen a 2x rise in value since early January 2023 – jumping from levels of $32 then to $66 now – vs. an increase of 47% for the S&P 500 over this period. In comparison, its peer – Seagate stock (NASDAQ: STX Stacks ) – has seen a 60% rise over this period. Both companies are ...