WDC — Western Digital Corporation

Technology · Computer Hardware

About Western Digital Corporation

Western Digital Corporation develops, manufactures, and sells data storage devices and solutions based on hard disk drive (HDD) technology in the United States, Asia, Europe, the Middle East, and Africa. The company offers internal HDDs, data center drives, data center platforms, external drives, portable drives, NAS for home and office, and accessories. It sells its data storage devices and solutions through its computer manufacturers, sales personnel, dealers, distributors, and retailers. The company has a collaboration with Open Quantum Design for the development of quantum error correction technology and related systems to advance reliable quantum computing. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.

The AI hardware & storage industry

This layer sells the machines, materials and hardware that make and connect AI systems — semiconductor manufacturing equipment, networking, optics, memory and servers. It is a concentrated, “picks-and-shovels” business one level below the chipmakers. As AI pushes fabs to expand and data centers to scale, demand rises, though the equipment side is cyclical and heavily exposed to China export restrictions. Western Digital makes hard drives and data-center storage; AI training and inference data has revived demand for high-capacity drives.

Key data · delayed ~15 min, as of 15 July 2026

Valuation read

What the price implies: the market is pricing in roughly ~10%/yr earnings growth (moderate), on a reverse-DCF of forward earnings ($18.55). Run your own assumptions in the fair-value calculator.

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Market data is delayed ~15 minutes and provided for education, not as financial advice. "Hot" means attention, not direction.