Western Digital Overview
Western Digital Corporation is a developer, manufacturer, and provider of data storage devices and solutions that address the evolving needs of the information technology industry and the infrastructure that enables the proliferation of data. The company's portfolio of technology and products address the following key end markets: Client Devices; Data Center Devices and Solutions; and Client Solutions. With the acquisition of SanDisk, Western Digital consolidated all its activities in Israel under Western Digital Israel. Western Digital Israel continues to develop SanDisk brands' flash storage-based solutions in three development centers. Its Activities include hardware, software, ASIC engineering of the company's memory devices, and chip design.
Latest News
growth-negative
Lam Research, Western Digital, Photronics, Nova, and FormFactor Stocks Trade Down, What You Need To Know
Oracles shares fell over 5% after reports indicated lower-than-expected margins in its cloud business and losses on Nvidia chip rentals. This news contributed to a broader tech sell-off, affecting the S&P 500 and Nasdaq. Concerns are rising about the profitability of AI investments, as Oracles struggles highlight the challenges of translating capital investments into profits. The ongoing U.S. government shutdown added to market volatility, driving investors towards safer assets like gold. Other semiconductor companies, including Lam Research, Western Digital, Photronics, Nova, and FormFactor, also experienced stock declines. The markets reaction underscores anxiety about the financial returns of the AI boom.
growth-positive
Sector Update: Tech Stocks Higher Late Afternoon
Tech stocks experienced a positive trend late Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) showing an upward movement. This indicates a growth-positive impact on the sector, as reflected by the rising stock prices. The article highlights the performance of tech stocks, particularly the SPDR Fund, which is a key player in the technology sector. The article does not mention any specific partnerships, customer acquisitions, or management changes, focusing instead on the general market performance of tech stocks.
growth-positive
Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now
The article discusses the importance of earnings reports on Wall Street, highlighting how earnings surprises can significantly impact stock prices. Oddity Tech (ODD) is identified as a company with a positive Earnings ESP (Expected Surprise Prediction) of +1.14%, suggesting a potential positive earnings surprise. The article also mentions Western Digital (WDC) as another company with a positive ESP. Both companies are ranked #1 (Strong Buy) by Zacks, indicating strong performance expectations. The article encourages investors to use the Zacks Earnings ESP Filter to identify stocks with high probabilities of earnings surprises for profitable trading.
growth-positive
Closing Bell Movers: Snap falls 14% after Q1 results, no guidance
Oddity Tech reported record Q1 2025 results, leading to a significant increase in its stock price by 24.1%. The company raised its full-year 2025 adjusted EPS outlook to $1.99-$2.04, up from the previous range of $1.94-$1.98. Despite the positive earnings report, JPMorgan and KeyBanc lowered their price targets for Oddity Tech to $50. The article also highlights mixed results in the tech and semiconductor sectors, with Seagate and Western Digital experiencing gains, while Super Micro and Nvidia faced declines. Overall, Oddity Techs strong performance and raised outlook indicate a positive growth trajectory.
growth-positive
Western Digital to Split in Two After Kioxia Bid Fails
Western Digital Corp. has announced plans to split into two separate, publicly traded companies following failed merger talks with Kioxia Holdings Corp. The storage maker will spin off its flash business, which focuses on memory for computers, devices, and portable drives. The remaining HDD business will focus on selling high-capacity memory to cloud data centers. The split is planned for the second half of 2024 and is intended to be structured in a tax-free manner. The companys shares rose as much as 13% on the news.
Public Trading
Team Members
3
Employees: 500+
Web & Social Links
| Website | www.westerndigital.com/ |
Locations
Atir Yeda Street 8, Kefar Sava, Israel
Yanuh-Jat, Israel
Omer, Israel
5601 Great Oaks Pkwy, San Jose, CA 95119, USA
Photos & Videos
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Western Digital Business
Business models
—
Product stage
—
Employees
500+
Sector
—Target Customer
—Core Technology
—Tags (4)
electronic-manufacturingconsumer-electronicschips-designdata-storageWestern Digital Financials
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Total funding
—
Capital raised
—
Last funding
—
Funding stage
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Total rounds
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Investors
Western Digital Lifecycle
Western Digital News
11 articles
growth-negative
Lam Research, Western Digital, Photronics, Nova, and FormFactor Stocks Trade Down, What You Need To Know
Oracles shares fell over 5% after reports indicated lower-than-expected margins in its cloud business and losses on Nvidia chip rentals. This news contributed to a broader tech sell-off, affecting the S&P 500 and Nasdaq. Concerns are rising about the profitability of AI investments, as Oracles struggles highlight the challenges of translating capital investments into profits. The ongoing U.S. government shutdown added to market volatility, driving investors towards safer assets like gold. Other semiconductor companies, including Lam Research, Western Digital, Photronics, Nova, and FormFactor, also experienced stock declines. The markets reaction underscores anxiety about the financial returns of the AI boom.
growth-positive
Sector Update: Tech Stocks Higher Late Afternoon
Tech stocks experienced a positive trend late Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) showing an upward movement. This indicates a growth-positive impact on the sector, as reflected by the rising stock prices. The article highlights the performance of tech stocks, particularly the SPDR Fund, which is a key player in the technology sector. The article does not mention any specific partnerships, customer acquisitions, or management changes, focusing instead on the general market performance of tech stocks.
growth-positive
Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now
The article discusses the importance of earnings reports on Wall Street, highlighting how earnings surprises can significantly impact stock prices. Oddity Tech (ODD) is identified as a company with a positive Earnings ESP (Expected Surprise Prediction) of +1.14%, suggesting a potential positive earnings surprise. The article also mentions Western Digital (WDC) as another company with a positive ESP. Both companies are ranked #1 (Strong Buy) by Zacks, indicating strong performance expectations. The article encourages investors to use the Zacks Earnings ESP Filter to identify stocks with high probabilities of earnings surprises for profitable trading.
growth-positive
Closing Bell Movers: Snap falls 14% after Q1 results, no guidance
Oddity Tech reported record Q1 2025 results, leading to a significant increase in its stock price by 24.1%. The company raised its full-year 2025 adjusted EPS outlook to $1.99-$2.04, up from the previous range of $1.94-$1.98. Despite the positive earnings report, JPMorgan and KeyBanc lowered their price targets for Oddity Tech to $50. The article also highlights mixed results in the tech and semiconductor sectors, with Seagate and Western Digital experiencing gains, while Super Micro and Nvidia faced declines. Overall, Oddity Techs strong performance and raised outlook indicate a positive growth trajectory.
growth-positive
Western Digital to Split in Two After Kioxia Bid Fails
Western Digital Corp. has announced plans to split into two separate, publicly traded companies following failed merger talks with Kioxia Holdings Corp. The storage maker will spin off its flash business, which focuses on memory for computers, devices, and portable drives. The remaining HDD business will focus on selling high-capacity memory to cloud data centers. The split is planned for the second half of 2024 and is intended to be structured in a tax-free manner. The companys shares rose as much as 13% on the news.
Public Trading
growth-positive
Chevron's $53B Hess purchase; Western Digital's doomed merger: 5 big deal reports
Chevron has agreed to acquire Hess for $53 billion in an all-stock deal, aiming to diversify its portfolio and increase production growth. The deal is expected to be completed in the first half of 2024. Western Digitals proposed merger with Kioxia has been scrapped due to lack of approval from large shareholders SK Hynix and Bain Capital. Forward Air is considering terminating its merger with Omni Logistics due to opposition from key shareholders and failure to meet certain obligations. Roche Holding has announced a $7.1B deal to buy Telavant Holdings from Roivant Sciences and Pfizer. EngageSmart is set to be acquired by Vista Equity Partners in a deal valued at approximately $4.0B.
AcquisitionManagement Changes
Growth-Negative
SK Hynix Says Won’t Agree to Western Digital-Kioxia Merger
SK Hynix Inc., the worlds second-largest memory chipmaker, has expressed its opposition to a merger between Kioxia Holdings Corp. and Western Digital Corp. SK Hynix, an indirect shareholder in Kioxia, believes the transaction undervalues its stake. The company became an indirect shareholder in Kioxia when a Bain Capital-led consortium bought a controlling stake from Toshiba Corp. The exact size of SK Hynixs stake in Kioxia is unknown. Its unclear how SK Hynixs objections will affect the outcome of the merger.
PartnersInvestment
Growth-Negative
Western Digital Plunges After Kioxia Deal Talks Break Down
Western Digital Corp.s shares fell by up to 16% after deal negotiations with Kioxia Holdings Corp. broke down, ending hopes for a merger of their flash memory businesses. The breakdown came after SK Hynix Inc., an indirect shareholder in Kioxia, stated it would not support the merger as it would undervalue its stake. The shares of Western Digital fell to $35.62, marking its worst intraday drop since August 2020. The two companies have been in talks for a possible merger for years, but issues of control, leadership, economics, and politics have hindered progress.
Partners
Kioxia Is Said to Approach JIC to Back Western Digital Deal
growth-negative
Western Digital lays off 7% of workforce in Israel | CTech
Western Digital is cutting 60 jobs in Israel, accounting for around 7% of its 800 employees in the country. This is the company’s second round of layoffs in the country over the past six months. The hard disk drive manufacturer expanded significantly in Israel in 2016 after completing the acquisition of SanDisk, which had R&D operations in Israel, for $19 billion.
Layoffs
growth-positive
ווסטרן דיגיטל ישראל זכתה זו השנה העשירית ברציפות בדירוג הגבוה ביותר לעסקים בגין אחריות תאגידית כלכליסט
ווסטרן דיגיטל ישראל זכתה לעשירית השנה העשירית ברציפות בדירוג הגבוה ביותר של ארגון מעלה בגין אחריות תאגידית. הדירוג מאפשר מדידה שנתית, מיפוי פערים והגדרת יעדים לשיפור ביחס לנורמות והסטנדרטים בישראל. במהלך העשור האחרון, ווסטרן דיגיטל ישראל השקיעה משאבים כספיים נרחבים בתרומות ישירות, בפעילויות קהילה, בתרומת ציוד ובשעות התנדבות של עובדים, במגוון רחב של פרויקטים. החברה ממשיכה לקדם פרויקטים לקהילות יעד מגוונות, ובמיוחד לקידום נערות צעירות, האוכלוסייה החרדית והאוכלוסייה הערבית.
CustomersPartnersInvestment
Western Digital Team
Employee Info
| Employees (range) | 500+ |
| Exact count | 1100 |
| Team members | 3 |
Similar Companies
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Western Digital Internal
Recent Updates
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-01-04 07:39:27.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-01-04 07:40:25.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2024-12-05 14:13:07.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2024-08-07 04:59:58.000000
Matan Eblagon
· matane@sncentral.org · Manual · 2023-05-24 15:21:33.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2024-12-22 06:41:39.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-01-04 07:39:11.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-01-04 07:39:11.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2025-02-06 12:45:47.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-01-04 07:47:53.000000
Maor Perlov
· maor.perlov@sncentral.org · Automatic · 2023-01-04 07:41:04.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-01-04 07:47:53.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-01-04 07:39:27.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-01-04 07:39:47.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-01-04 07:39:27.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-01-04 07:39:27.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2024-08-07 04:59:58.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-01-04 07:47:53.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-01-04 07:39:27.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2023-01-04 07:39:27.000000
Yanina Wainscheinker
· yanina.wain@gmail.com · Manual · 2022-07-28 15:48:58.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2020-06-22 06:56:51.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2020-06-22 06:56:51.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2020-06-22 06:56:51.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2020-06-22 08:30:59.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2020-06-22 08:19:23.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2020-06-22 08:32:31.000000
Yanina Wainscheinker
· yanina.wain@gmail.com · Manual · 2020-08-25 13:06:49.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2020-06-22 08:27:22.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2020-06-22 07:54:21.000000
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Admin Info
| Confidence | 70/100 |
| Missing | product stage, sector, business model, video or image, funding rounds, markets, not claimed |
| BI Verification | Jenny Sotnik-Talisman |
| Creator | Maor Perlov |
| Creator email | maorperlov@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-01-04T00:00:00.000Z |
| Created | 2020-06-22T00:00:00.000Z |
| Status detail | Public on NASDAQ on Jan, 1987; |