NEWTech

Western Digital (WDC) Posts 333% YTD Growth Amid AI Demand

Published on 6/21/2026

Western Digital (WDC) Posts 333% YTD Growth Amid AI Demand

AI Summary

Western Digital (WDC) has achieved a year-to-date gain of 333%, benefiting from the AI boom and strong demand for hard disk drives. In its fiscal 2026 third quarter, the company reported 45% year-over-year revenue growth and 11% sequential growth. Projected revenue for the fourth quarter is $3.65 billion, indicating a sequential growth of 9.4%. With 809 planned data centers requiring storage solutions, Western Digital is positioned well in the growing AI market, as highlighted by CEO Irving Tan’s remarks on their critical role in AI data management.