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Western Digital Value Stock - Dividend - Research Selection

Western digital

ISIN: US9581021055 , WKN: 863060

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Description of the company

Western Digital Corporation, together with its subsidiaries, develops, manufactures, and sells data storage devices and solutions worldwide. It offers performance hard disk drives (HDDs) that are used in enterprise servers, data analysis, and other enterprise applications; capacity HDDs and drive configurations for use in data storage systems and tiered storage models; and enterprise solid state drives (SSDs), including NAND-flash SSDs and software solutions that are designed to enhance the performance in various enterprise workload environments. The company also provides system solutions that offer petabyte scalable capacity; data storage platforms and systems; datacenter software and systems; and HDDs and SSDs for desktop and notebook PCs, gaming consoles, security surveillance systems, and set top boxes. In addition, it offers NAND-flash embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, automotive, IoT, and connected home applications; NAND-flash memory wafers; and custom embedded solutions and iNAND embedded flash products, such as multi-chip package solutions that combine NAND-flash and mobile dynamic random-access memory in an integrated package. Further, it provides client solutions that consist of HDDs and SSDs embedded into external storage products; removable cards for use in mobile phones, tablets, imaging systems, still cameras, action video cameras, and security surveillance systems; USB flash drives used in computing and consumer markets; and wireless drive products. Additionally, the company licenses its intellectual property. It sells its products under the HGST, SanDisk, and WD brands to original equipment manufacturers (OEMs), distributors, resellers, cloud infrastructure players, and retailers. It serves storage subsystem suppliers, OEMs, Internet and social media infrastructure players, and PC and Mac OEMs. The company was founded in 1970 and is headquartered in San Jose, California.

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NEWS


Western Digital to Participate in Upcoming Investor Conferences

2024-11-25
SAN JOSE, Calif. - Western Digital Corp. today announced management participation in the following upcoming investor conferences:Event: UBS Global Technology and AI ConferenceDate: Tuesday,...

Western Digital Corp. stock outperforms competitors on strong trading day

2024-11-22
Western Digital Corp. stock outperforms competitors on strong trading day

The top AI investment opportunities beyond Nvidia, chip stocks

2024-11-22
While Nvidia (NVDA) continues dominating the AI chip market, investors seek additional opportunities in the rapidly evolving sector. Nvidia shares continue to fluctuate since reporting third quarter earnings that beat estimates but ultimately did not outpace Wall Street's high expectations. Wedbush Securities managing director Matt Bryson highlights several promising AI-related investments beyond the semiconductor industry. Bryson says that AI includes more than just chips, recommending server manufacturers like Super Micro Computer (SMCI) and Dell Technologies (DELL) as potential investment targets. For networking infrastructure critical to AI development, he spotlights Broadcom (AVGO) and Marvell Technology (MRVL). In the data center storage segment, he points to Western Digital (WDC) and Silicon Motion Technology (SIMO) as promising options. Nonetheless, Bryson emphasizes that Nvidia is a frontrunner in this space: "It seems like they're taking their advantage in accelerators and transitioning that into owning more parts of the system, building compute, building networking, building software — and all of those shifts lock Nvidia in." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith

Goldman Sachs: Western Digital Corporation (WDC) Is A Top Growth Investor Stock

2024-11-22
We recently made a list of Goldman Sachs’ Top Growth Investors: 34 Stocks With The Highest Investment For Growth. In this piece, we will look at where Western Digital Corporation (NASDAQ:WDC) ranks on the list. With the 2024 US Presidential Election having come to a close, Wall Street can now focus on the future of […]

NetApp Stock Rises After Earnings. It’s ‘Firing On All Cylinders.’

2024-11-22
NetApp Stock Rises After Earnings. It’s ‘Firing On All Cylinders.’

Western Digital CEO David Goeckeler Elected Chair of Semiconductor Industry Association

2024-11-21
The Semiconductor Industry Association (SIA) today announced Western Digital (NASDAQ: WDC) CEO David Goeckeler has been elected Chair of the SIA Board of Directors. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.

Western Digital Corp. stock underperforms Wednesday when compared to competitors

2024-11-20
Western Digital Corp. stock underperforms Wednesday when compared to competitors

High Growth Tech Stocks To Watch In November 2024

2024-11-20
Over the last 7 days, the United States market has dropped 1.2%, yet it remains up by 30% over the past year, with earnings expected to grow by 15% per annum in the coming years. In this context of robust annual growth and recent volatility, identifying high-growth tech stocks involves looking for companies that demonstrate strong innovation and adaptability to capitalize on future earnings potential.

Why Nvidia earnings could be a sink-or-swim moment for this bull market

2024-11-20
The market rally has been broadening away from Big Tech and Nvidia, its leader. But at the same time, the chip company is still critical to the health of bull market.

3 US Stocks Estimated To Be Trading Below Their Intrinsic Value In November 2024

2024-11-20
As the U.S. stock market experiences a mixed performance with the Nasdaq and S&P 500 on the rise, driven by strong performances from tech giants like Nvidia, investors are keenly observing potential opportunities amidst geopolitical tensions and fluctuating indices. In such a climate, identifying stocks that may be trading below their intrinsic value becomes crucial for investors looking to capitalize on market inefficiencies.