TradingKey – On January 2, 2026, Western Digital (WDC) opened at $177. Subsequently, driven by explosive demand for high-capacity HDDs and enterprise SSDs from global AI data centers and cloud service providers, its stock price surged. In mid-June 2026, WDC’s stock price hit an all-time high of $799.87, bringing its maximum gain within six months to as high as 350%.

Western Digital stock price chart, source: TradingView

After approaching the $800 psychological mark, Western Digital’s stock price plunged sharply starting in late June and accelerated its downward move from July to early August. In early August, its stock price touched a low of $407, bringing the maximum drawdown to 49%. Currently,…