Western Digital Reports Strong Earnings Growth Driven by AI and Cloud Demand
Western Digital reported nearly doubled earnings in Q3 fiscal 2026, driven by strong demand from hyperscalers for its data storage solutions. The company's revenue rose 45% year-over-year to $3.3 billion with per-share earnings of $2.72 and raised guidance for the quarter.
Tickers: $WDC
Topics: AI demand cloud storage earnings institutional investment