Western Digital (WDC) Stock Surges 10% on Analyst Upgrade and AI Storage Optimism

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Western Digital Corp. (WDC) shares surged over 10% after an upgrade from Bernstein, citing strong demand for AI-driven storage. The company anticipates a 40% revenue increase for the upcoming fiscal third-quarter earnings, projecting around $3.2 billion. Despite recent geopolitical tensions affecting semiconductor supply chains, Western Digital has been a top performer in 2026, with analysts maintaining a favorable outlook.

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