GuruFocus@gurufocus

1 year ago

Western Digital Surges 10% on Spin-Off News and AI Boom $WDC $STX #stocks #investing #valueinvesting # https://t.co/tNqNttGKiw

1) Ongoing delays in $STX HAMR quals and structural improvements for HDDs def helped $WDC, but bigger part of upside in WDC remains flash. a) HDD. WDC nearline (~ cloud) EB shipments at a record and +157% Y/Y vs STX +95% Y/Y. Record HDD margins. Prob not cycle peak. Up to ... https://t.co/jP2LAZykDj

$WDC seems like another positioning driven move squeeze-results in-line but concern was lower I presume on their flash biz- FCF was slightly neg though exps were apparently significantly higher like 600M (hmm)- spin coming but known for many Qs- Cloud prob in over ship mode