WDC Jul 2024 47.500 call

OPR - OPR Delayed price. Currency in USD

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26.91

0.00

(0.00%)

As of 11:14AM EDT. Market open.

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Disk-drive producers Seagate Technology and Western Digital could have a solid few years ahead, thanks to strong demand from large cloud providers. In a research note on Tuesday, Citi Asiya Merchant wrote that storage “industries are entering a period of a cyclical recovery.” Much of that storage spending is estimated to come from enterprise companies and giants such as Microsoft and Amazon Web Services that run massive data centers and have a big slice of the cloud computing market, she added.