Western Digital Corp. is seeking to raise $3.09 billion from the sale of a stake in Sandisk Corp., the flash-memory unit that it spun off nearly a full year ago.
Western Digital Corp. is seeking to raise $3.09 billion from the sale of a stake in Sandisk Corp., the flash-memory unit that it spun off nearly a full year ago.
The Sandisk Corp. headquarters in Milpitas, California, US, on Wednesday, Jan. 7, 2025. Sandisk Corp. shares jumped 28% Tuesday, their best performance since February, after Nvidia Corp. Chief Executive Officer Jensen Huang highlighted the need for memory and storage in comments at the CES tech conference.
Western Digital Corp. is seeking to raise $3.09 billion from the sale of a stake in Sandisk Corp., the flash-memory unit that it spun off nearly a full year ago.
Western Digital Corp. is seeking to raise $3.09 billion from the sale of a stake in Sandisk Corp., the flash-memory unit that it spun off nearly a full year ago.
The Sandisk Corp. headquarters in Milpitas, California, US, on Wednesday, Jan. 7, 2025. Sandisk Corp. shares jumped 28% Tuesday, their best performance since February, after Nvidia Corp. Chief Executive Officer Jensen Huang highlighted the need for memory and storage in comments at the CES tech conference.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Digital storage company Sandisk Corp.’s strong revenue and earnings outlook is extending its blistering rally as the top performing stock in the S&P 500 Index.
Digital storage company Sandisk Corp.’s strong revenue and earnings outlook is extending its blistering rally as the top performing stock in the S&P 500 Index.
Memory and storage stocks are the market’s hottest trade, but investors aren’t sweating the companies’ suddenly elevated valuations as the buildout of artificial intelligence transforms their cyclical nature.
Memory and storage stocks are the market’s hottest trade, but investors aren’t sweating the companies’ suddenly elevated valuations as the buildout of artificial intelligence transforms their cyclical nature.
Soaring prices for memory and storage components have turned companies like Sandisk Corp., Micron Technology Inc. and Western Digital Corp. into the hottest stocks in the market over the past year. But they’re causing headaches for many of their customers.
Soaring prices for memory and storage components have turned companies like Sandisk Corp., Micron Technology Inc. and Western Digital Corp. into the hottest stocks in the market over the past year. But they’re causing headaches for many of their customers.
Apple shares rose just 8.6% in 2025, their worst performance since 2022. Photographer: Eric Thayer/Bloomberg
The hottest corner of the stock market in 2025 remains scorching in the new year, but the relentless momentum has some Wall Street pros wondering if a reversal is coming.
The hottest corner of the stock market in 2025 remains scorching in the new year, but the relentless momentum has some Wall Street pros wondering if a reversal is coming.
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