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Western Digital shares surged 7.6% after analysts upgraded the stock, citing strong AI-driven demand for hard drives.
Western Digital shares jumped 7.6% in after-hours trading on September 29, 2025, following upgrades from Morgan Stanley and Rosenblatt Securities, which raised price targets and maintained Buy ratings.
Analysts cited strong demand for hard disk drives fueled by AI and cloud infrastructure growth, along with higher average selling prices and full order backlogs.
The stock reached a 52-week high of $114.79, up 85.5% year-to-date, reflecting sustained investor confidence in Western Digital’s data storage leadership amid expanding AI-driven demand.
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Las acciones de Western Digital aumentaron un 7.6% después de que los analistas mejoraron el stock, citando una fuerte demanda de discos duros impulsada por IA.