Stocks · News reference
Western Digital rallies from $415 support, with momentum suggesting the stock may continue rising.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Western Digital Corp (NASDAQ:WDC) shares are trading lower Tuesday along with other memory and storage stocks after reports that Seagate is competing with Toshiba to buy TDK's hard-drive magnetic heads business.
The S&P 500 reached new all-time highs on October 6, 2026, climbing 0.85% to 7,840 as falling oil prices eased inflation concerns. Nuclear stocks surged following a Constellation Energy deal with Google, while semiconductor stocks like Marvell Technology jumped over 7% on strong investor day guidance. Memory stocks declined amid reports of Toshiba's market expansion plans.
S&P 500 and Nasdaq 100 hit records as the 10-year yield retreats from a 24-year high; Constellation Energy jumps on a Google nuclear deal.
Seagate, Western Digital and Toshiba are battling for AI storage demand as HDD capacity, technology and supply-chain control become critical.