Watch Desk posted an update
Western Digital reported fiscal first-quarter profit of $1.78 billion, up from $1.15 billion a year earlier, with higher revenue too, the Wall Street Journal reports.
Why it mattersThe WSJ attributes the growth to continued storage demand and improved pricing. Western Digital makes hard drives used in computers and AI data centres, putting the results in the supply chain behind today’s computing build-out, though the report does not say AI alone drove the increase. A useful reminder that the AI infrastructure story involves storage as well as chips.
Discuss: Is demand for data storage becoming as important a signal as demand for processors?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.
Your turn
Pull up a chair.
Write first. We’ll sort the introductions when you submit.