Welcome to our dedicated page for Western Digital news (Ticker: WDC), a resource for investors and traders seeking the latest updates and insights on Western Digital stock.
Western Digital Corporation (Nasdaq: WDC) is a data storage company that emphasizes hard disk drive (HDD) technology as the foundation of the data economy. The WDC news feed on Stock Titan aggregates company announcements, earnings releases, product and technology updates, governance disclosures and other material events drawn from official sources.
Investors following Western Digital news can see how the company communicates its role as the backbone of the AI-driven data economy and its focus on mass storage for cloud and enterprise workloads. Recent press releases have covered fiscal quarter results, business outlook commentary, capital allocation actions such as dividends and share repurchases, and the impact of the separation of its Flash business into Sandisk Corporation on reported financials.
News items also highlight Western Digital’s technology and operations, including demonstrations of next-generation storage platforms for AI and high-performance computing, expansion of its System Integration and Test Lab network, and collaborations that leverage its materials science and nanofabrication expertise. Governance-related news, such as participation in investor conferences, annual meeting outcomes and executive appointments disclosed via Form 8-K, provides additional context on leadership and oversight.
This page allows readers to review Western Digital’s historical and ongoing disclosures in one place, from earnings press releases incorporated by reference into SEC filings to corporate updates on strategy, sustainability and customer-focused initiatives. By monitoring WDC news, market participants can better understand how the company frames its HDD-focused strategy, responds to demand trends in cloud and AI, and reports on key financial and operational milestones over time.
Samsung Electronics and Western Digital (WDC) have signed an MOU to standardize and promote Zoned Storage technologies. The collaboration aims to create a robust ecosystem for data placement and processing technologies, focusing on enterprise and cloud applications. This partnership marks the first joint effort between the two companies to stimulate awareness and alignment in storage technology, enhancing confidence for end-users. The initiative will define high-level models for next-generation Zoned Storage and will look to expand into other data storage innovations.
Western Digital Corp. (Nasdaq: WDC) will host its 2022 Investor Day on May 10, 2022, at the Ritz Carlton Hotel in San Francisco. CEO David Goeckeler and senior executives will present the company’s long-term strategy, followed by a Q&A session. A live webcast and replay will be available on the Investor Relations website. Additionally, Western Digital will hold its “What’s Next” Media & Industry Analyst Day on May 9, 2022, introducing new storage solutions. Registration details for both events will be provided later.
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Western Digital Corp. (NASDAQ: WDC) reported that production at its joint venture flash facilities in Yokkaichi and Kitakami returned to normal in late February 2022. However, the company anticipates a decrease in flash availability by approximately 7 exabytes, primarily impacting its fiscal third and fourth quarters. For the fiscal third quarter ending April 1, 2022, Western Digital expects GAAP revenue between
Western Digital Corp. (NASDAQ: WDC) has announced its participation in two upcoming investor conferences. The first is the Susquehanna Eleventh Annual Technology Conference on March 3, 2022, at 10:00 a.m. PT. The second conference is the Morgan Stanley Technology, Media & Telecom Conference on March 10, 2022, at 2:25 p.m. PT. Both presentations will be available as live webcasts on the company's Investor Relations website, with archived replays following shortly after each event.
Western Digital specializes in data infrastructure, providing innovative solutions for a variety of data environments.
Western Digital Corp. (NASDAQ: WDC) reported contamination issues affecting production at its Yokkaichi and Kitakami flash fabrication facilities. This incident is projected to result in a loss of at least 6.5 exabytes of flash availability. The company is collaborating with its joint venture partner, Kioxia, to rectify the situation and restore normal operations promptly. Additionally, the press release includes various forward-looking statements, highlighting potential risks related to market conditions, competitive pressures, and operational disruptions.
Western Digital Corp has appointed
Western Digital Corp. (WDC) reported Q2 2022 revenue of $4.83 billion, a 23% YoY increase. Cloud revenue surged by 89%, while Client revenue fell by 1%, and Consumer revenue remained flat. The GAAP earnings per share (EPS) was $1.79, with non-GAAP EPS of $2.30, including $70 million in COVID-related expenses. The company generated operating cash flow of $666 million and reduced its gross debt to $7.40 billion. Looking ahead, WDC expects Q3 revenue of $4.45 billion to $4.65 billion, with non-GAAP EPS guidance of $1.50 to $1.80.
Western Digital Corp. (NASDAQ: WDC) will announce its second quarter fiscal year 2022 financial results after market close on January 27, 2022. A conference call for discussing these results is scheduled for 1:30 p.m. Pacific / 4:30 p.m. Eastern on the same day, with a live audio webcast available on their investor relations website.
Western Digital is a leader in data infrastructure, providing innovative solutions for capturing, preserving, and accessing data across various platforms.
Western Digital Corporation (NASDAQ: WDC) has successfully closed its public offering of $1 billion in senior unsecured notes, consisting of $500 million at 2.850% due 2029 and $500 million at 3.100% due 2032. The net proceeds, approximately $988 million, will be used to refinance existing debt and cover offering expenses. The company recently attained a second investment grade corporate rating from Fitch, reflecting strong cash flow and a commitment to debt reduction. This milestone positions Western Digital to assess future capital allocation strategies.
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