Tag: production
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Western Digital Shares Plunge as Toshiba Unveils Major Hard Drive Production Expansion to Target AI-Driven Data Center Demand
Western Digital Corporation (NASDAQ: WDC) experienced a significant downturn in its stock performance on Friday, with shares falling 11.07% to close at $411.33. The sharp decline was largely attributed to an announcement from rival Toshiba, which outlined ambitious plans for a substantial expansion of its hard disk drive (HDD) production capabilities. This strategic move by…
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