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.
Western Digital (NASDAQ: WDC) has made a strategic investment in Cerabyte, a pioneer in ceramic-based data storage solutions. The partnership aims to accelerate the development of Cerabyte's ceramic data storage technology, designed for permanent accessible long-term data storage. This technology offers potential advantages in total cost of ownership compared to current cold-tier solutions.
The collaboration focuses on commercializing technology for next-generation active archives, combining multiple storage technologies as the industry approaches the Yottabyte era. Cerabyte's solution promises rapid data retrieval within seconds, while being affordable, sustainable, and resilient to bit rot, requiring no periodic maintenance or environmental control.
Western Digital (WDC) has appointed Kris Sennesael as its new Chief Financial Officer, effective May 12, 2025. Sennesael brings over 25 years of finance and management experience in the semiconductor and technology sectors, most recently serving as CFO at Skyworks Solutions. In his new role, he will lead Western Digital's global finance organization, overseeing finance, accounting, tax, treasury, internal audit, corporate real estate, and investor relations.
Reporting directly to CEO Irving Tan, Sennesael's appointment aims to strengthen Western Digital's position by balancing innovation investment with operational efficiency. His track record includes successful collaboration with leadership teams to drive shareholder value and business scaling through organic and inorganic growth strategies. Prior to Skyworks, he held CFO positions at Enphase Energy and Standard Microsystems, along with leadership roles at ON Semiconductor, AMI Semiconductor, and Alcatel Microelectronics.
Western Digital (NASDAQ: WDC) has announced its participation in the upcoming JP Morgan Global Technology, Media and Communications Conference. The event is scheduled for Tuesday, May 13, 2025, at 12:10 p.m. PT / 3:10 p.m. ET. Management presentations will be accessible through live webcasts on Western Digital's Investor Relations website at investor.wdc.com. Archived replays will be made available shortly after the presentations conclude.
Western Digital reported its fiscal Q3 2025 results with revenue of $2.29 billion, marking a 5% sequential decrease but a 31% year-over-year increase. The company achieved a GAAP EPS of $2.11 and Non-GAAP EPS of $1.36.
Key performance highlights include:
- Cloud revenue at $2.0 billion (87% of total revenue), down 4% QoQ but up 38% YoY
- Client revenue at $137 million (6% of total), down 2% both QoQ and YoY
- Consumer revenue at $150 million (7% of total), down 13% QoQ and 4% YoY
The company introduced a quarterly dividend program, declaring a $0.10 per share dividend payable on June 18, 2025. Looking ahead, Western Digital expects Q4 2025 revenue between $2.3-2.6 billion with Non-GAAP EPS of $1.45 ±$0.20. The company ended Q3 with $3.48 billion in cash and reported an operating cash inflow of $508 million.
Western Digital (WDC) has successfully launched a groundbreaking rare earth element (REE) recovery program in collaboration with Microsoft, Critical Materials Recycling, and PedalPoint Recycling. The pilot program transformed ~50,000 pounds of end-of-life hard disk drives (HDDs) and related materials into valuable resources using eco-friendly processes.
The initiative achieved an impressive ~90% high-yield recovery of elemental and rare earth materials, including Neodymium, Praseodymium, and Dysprosium, while recapturing ~80% of feedstock mass. The program utilizes acid-free dissolution recycling technology, resulting in an estimated 95% reduction in greenhouse gas emissions compared to traditional mining.
This domestic recycling effort addresses critical supply chain challenges, considering that currently >85% of REE production occurs outside the U.S., with domestic recycling rates at <10%. The program demonstrates a sustainable approach to recovering valuable materials while strengthening the U.S. supply chain and supporting industries like electric vehicles, wind turbines, and advanced electronics.
Western Digital (Nasdaq: WDC) has scheduled to release its third quarter fiscal year 2025 financial results on April 30, 2025, before the market opens. The company will hold a conference call with investors to discuss the quarterly results on the same day at 5:30 a.m. Pacific / 8:30 a.m. Eastern. Investors can access both the live audio webcast and a replay of the conference call through the company's investor relations website at investor.wdc.com.
Western Digital (WDC) has appointed Ahmed Shihab as its new Chief Product Officer, bringing nearly 30 years of experience in storage and infrastructure design. Shihab joins WDC from his previous role as Corporate Vice President of Azure Storage at Microsoft, where he led engineering and operations teams for Object and Block storage.
In his new position, Shihab will lead product strategy and engineering, focusing on HDD products and solutions development. His extensive background includes serving as Vice President of Infrastructure Hardware at AWS, Vice President and Chief Architect at NetApp's File Systems Group, and over eight years at Xyratex.
CEO Irving Tan emphasized that Shihab's appointment comes at a important time for the HDD industry, citing increasing data generation, AI adoption, and growing demand for scalable storage solutions. The company aims to enhance its innovative storage solutions for hyperscalers, cloud service providers, and OEMs under Shihab's leadership.
Western Digital (WDC) has announced plans to redeem $1.8 billion of its 4.750% Senior Notes due 2026. The redemption is scheduled for April 14, 2025, with the redemption price set at 100% of the principal amount plus any applicable premium and accrued unpaid interest up to the redemption date.
The company specified that the applicable premium on the Notes to be redeemed will be zero as of the Redemption Date. After the redemption is completed, $500 million aggregate principal amount of the Notes will remain outstanding. Interest on the redeemed Notes will cease to accrue after the Redemption Date.
Western Digital (WDC) has been named one of the 2025 World's Most Ethical Companies® by Ethisphere for the seventh time, marking its continued commitment to ethical business practices. The company stands as one of only 5 honorees in the Technology industry among 136 total honorees across 19 countries and 44 industries.
The recognition is based on Ethisphere's Ethics Quotient® assessment, which evaluates companies through 240+ proof points covering ethics, compliance, governance, environmental and social impact, and value chain initiatives. Notably, the 2025 World's Most Ethical Companies® Honorees demonstrated superior performance, outperforming a comparable index of global companies by 7.8 percentage points from January 2020 to January 2025.
Western Digital (Nasdaq: WDC) has successfully completed the separation of its Flash business from its core operations. The company recently held an Investor Day event to present its vision and strategy for leveraging data value. The restructured Western Digital announced its new leadership team, headed by CEO Irving Tan and including key executives across finance, sales, operations, HR, legal, and technology functions. The company's CFO position will transition from Wissam Jabre to Don Bennett as interim CFO effective February 28, 2025. The board of directors has been reorganized with Martin Cole as the newly appointed Board Chair, replacing Matthew Massengill, and includes new directors Bruce Kiddoo and Roxanne Oulman.