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Western Digital (WDC) in our theses

Western Digital appears in one of our theses. Below is why it entered the basket and how it has done since publication.

Theses holding it
1
Average return
-20.5%
since publication
Last price
459.44 USD
August 22, 2026
Live July 10, 2026 · supply and demand · edge 65

The AI data paradox: a storage explosion revives hard drives and hands their makers real pricing power

AI is generating a flood of data that lands on cheap nearline hard drives, while a consolidated two-supplier market gains pricing power and fatter margins.

Why this company: After the Sandisk spin-off in 2025, almost a pure hard-drive play. The second of the two nearline suppliers, benefiting from supply discipline, high prices and the shift to higher-capacity drives.

WDC since this thesis was published: -20.5% · whole basket -11.8%

Where these numbers come from

The reference price is recorded on the thesis publication date and never changed afterwards. The current price is refreshed several times a day. Returns are in the listing currency and exclude dividends, so for dividend payers the real total return was somewhat higher.

This is not a recommendation to buy or sell. A company enters a basket as a beneficiary of the mechanism described in the thesis, and the full argument is on each thesis page.

See all of our theses

Each with a publication date, a causal map and a score assigned before the market ruled.

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