TradingKey – On September 22, US Eastern Time, Western Digital (WDC) rose 3.67% to close at $464.60, after reaching an intraday high of $474.39. The stock climbed for the fifth consecutive trading day, rebounding about 12.8% from its September 15 close of $411.96; compared with the intraday high of $799.87 set on June 18, it remains down about 41.9%.

Western Digital completed the spin-off of its flash memory business on February 24, 2025, and the related business is now operated independently by SanDisk (SNDK). Post-spin-off, Western Digital focuses on hard disk drives, with high-capacity Nearline HDDs for cloud service providers and large data centers becoming its main growth driver. AI data centers continue to boost data storage demand,…