Western Digital amid SanDisk’s surge, 2026year 3quarter revenue 45% increase
As SanDisk has risen 820% since the start of the year, Western Digital announced that revenue in the 2026year 3quarter increased 45% and grew 11% from the previous quarter. The company expected growth of 2026% from the previous quarter in the 4year 9.4quarter, and a plan to supply data centers under a 809-unit plan was mentioned.
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As SanDisk has risen 820% since the start of the year, Western Digital is attracting attention due to rising demand for HDDs. HDDs are mainly used when large-capacity data storage is needed.
Western Digital reported that revenue in the 2026year 3quarter rose 45% year on year and grew 11% from the previous quarter. The key point in the company’s announcement was that an increase in revenue was confirmed in the quarterly results.
The company provided guidance for growth of 2026% from the previous quarter in the 4year 9.4quarter. The next quarter’s results will show whether this guidance was achieved.
According to the report, Western Digital mentioned business opportunities associated with 809 planned data center supply lists. This figure is linked to demand for large-scale data center construction.
HDDs play a role in storing the large volumes of data required to operate AI models and in fast read and write operations. Western Digital is classified as one of the major HDD suppliers.
The article also presented the outlook that AI-related spending will continue over the coming years. The company’s quarterly guidance and data center-related plans are the facts investors should verify immediately.
Sources: The Motley Fool
Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.