NasdaqGS:WDCTech
Why Western Digital (WDC) Is Up 14.4% After AI-Fueled Earnings Beat And New Dividend Announcement
Western Digital reported past fiscal second-quarter 2026 results with revenue of US$3,017 million and net income of US$1,842 million, alongside a new quarterly dividend of US$0.125 per share and guidance for third-quarter revenue of US$3,200 million.
The earnings surge was closely tied to AI-related demand, as hyperscalers increasingly relied on Western Digital’s high-capacity hard drives and flash storage to power data-heavy AI workloads.
Next, we’ll examine how AI-driven demand for...