Demonstrating continued innovation, Kioxia Corporation and Western Digital Corp. (NASDAQ: WDC) today announced details of their newest 3D flash memory technology. Applying advanced scaling and wafer bonding technologies, the 3D flash memory delivers exceptional capacity, performance and reliability at a compelling cost, which makes it ideal for meeting the needs of exponential data growth across a broad range of market segments. This press release features multimedia. View the full release here:...
Western Digital Corporation (NASDAQ: WDC) has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World’s Most Ethical Companies . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230313005046/en/ “World’s Most Ethical Companies” and “Ethisphere” names and marks are registered trademarks of Ethisphere LLC. Western Digital has been recognized...
Western Digital Corp. (NASDAQ: WDC) today announced management participation in the upcoming investor conference: Event: Morgan Stanley Technology, Media & Telecom Conference Date: Tuesday, March 7, 2023 at 8:35 a.m. PT / 11:35 a.m. ET This management presentation will be available as a live webcast, accessible through Western Digital's Investor Relations website at investor.wdc.com . An archived replay will be accessible through the website shortly after the conclusion of the presentation....
Western Digital Corp. (Nasdaq: WDC) today reported fiscal second quarter 2023 financial results. “The Western Digital team delivered revenue at the high end of our guidance range, despite a challenging flash price environment and continued cloud inventory digestion,” said David Goeckeler, Western Digital CEO. “We continue to take action to reset the business in response to the post-pandemic environment by optimizing our cost structure and strengthening our liquidity. These actions,...
Western Digital Corporation (“Western Digital”) (Nasdaq: WDC) today announced that funds managed by affiliates of Apollo Global Management, Inc. (“Apollo”) led the purchase of $900 million of convertible preferred stock of Western Digital, along with Elliott Investment Management L.P. (together with its affiliates, “Elliott”) who also invested in the convertible offering. The investment strengthens Western Digital’s financial position and flexibility as the company continues its...
Western Digital Corp. (NASDAQ: WDC) plans to announce its second quarter fiscal year 2023 financial results after the market closes on Tuesday, January 31, 2023. The investment community conference call to discuss these results will be held that day at 1:30 p.m. Pacific / 4:30 p.m. Eastern. A live audio webcast and a webcast replay of the conference call will be available at investor.wdc.com . About Western Digital Western Digital is on a mission to unlock the potential of data by harnessing the...
Western Digital Corp. (NASDAQ: WDC) today announced management participation in the upcoming investor conferences: Event: Credit Suisse 26th Annual Technology Conference Date: Tuesday, November 29, 2022 at 8:35 a.m. PT / 11:35 a.m. ET Event: Wells Fargo 6th Annual TMT Summit Date: Tuesday, November 29, 2022 at 1:50 p.m. PT / 4:50 p.m. ET Event: UBS Global TMT Conference Date: Tuesday, December 6, 2022 at 11:10 a.m. PT / 2:10 p.m. ET Event: Barclays Global TMT Conference Date: Thursday, December...
Western Digital Corp. (Nasdaq: WDC) today reported fiscal first quarter 2023 financial results. “I am pleased to see the Western Digital team work together to deliver revenue at the upper half of the guidance range and operating income at the upper half as implied by the midpoints of our guidance, in the midst of an incredibly dynamic and challenging macroeconomic environment,” said David Goeckeler, Western Digital CEO. “Overall, the organizational and portfolio improvements we have made...
Kioxia Corporation and Western Digital Corporation (NASDAQ: WDC) today celebrated the opening of the state-of-the-art semiconductor fabrication facility, Fab7, at the Yokkaichi Plant in Mie Prefecture, Japan. Production capacity at Fab7 will ramp up in stages over time, in line with market trends. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221025006159/en/ Fab7, Yokkaichi Plant (Photo: Business Wire) Total investment in phase one...
Western Digital Corp. (NASDAQ: WDC) plans to announce its first quarter fiscal year 2023 financial results before the market opens on Thursday, October 27, 2022. The investment community conference call to discuss these results will be held that day at 5:30 a.m. Pacific / 8:30 a.m. Eastern. The live audio webcast and a webcast replay of the conference call will be available at investor.wdc.com . About Western Digital Western Digital is on a mission to unlock the potential of data by harnessing...
Western Digital Corp. (Nasdaq: WDC) today reported fiscal fourth quarter and fiscal year 2022 financial results. "I am proud of our team for driving strong fiscal year 2022 performance, during which revenue grew 11% and non-GAAP EPS increased 81%, demonstrating progress in unlocking the earnings potential of our business,” said David Goeckeler, Western Digital CEO. “In addition to strong financial performance, fiscal year 2022 was a hallmark year for Western Digital from an innovation,...
Western Digital (NASDAQ: WDC) applauds the passage of the Bipartisan Innovation Act (BIA). The BIA will help accelerate strategic investments in the next generation of advanced technology innovation and development. Congress with the support and leadership of President Biden and Commerce Secretary Raimondo have delivered concrete action to strengthen our semiconductor-technology supply chains. “We are pleased that Congress and the Biden administration have made the Bipartisan Innovation Act a...
Western Digital Corp. (NASDAQ: WDC) plans to announce its fourth quarter and fiscal year 2022 financial results before the market opens on Friday, August 5, 2022. The investment community conference call to discuss these results will be held that day at 5:30 a.m. Pacific / 8:30 a.m. Eastern. The live audio webcast and a webcast replay of the conference call will be available at investor.wdc.com . About Western Digital Western Digital is on a mission to unlock the potential of data by harnessing...
FuriosaAI forays into North American AI chip market, welcomes former Intel and Western Digital VPs PR Newswire SEOUL, South Korea, July 12, 2022 FuriosaAI develops high performance AI accelerators targeted at data centers and enterprise customers. The company offers efficient AI hardware with a robust and flexible compiler that makes it easier for customers to deploy their models. The company targets the NA market with its first generation chip "WARBOY", set to begin volume production in Q1...
Western Digital Corporation, (“Western Digital”) (Nasdaq: WDC) today announced that it is reviewing potential strategic alternatives aimed at further optimizing long-term value for its shareholders. The Executive Committee of the Western Digital Board, chaired by Western Digital CEO, David Goeckeler, will oversee the assessment process and fully evaluate a comprehensive range of alternatives, including options for separating its market-leading Flash and HDD franchises. Following constructive...
What’s Next Western Digital Event – At its What’s Next Western Digital event held today at The Ritz-Carlton San Francisco, Western Digital Corp. (NASDAQ: WDC) detailed its mission to unlock the potential of data by harnessing the possibility to use it. In a series of keynotes delivered by company leaders, Western Digital also unveiled breakthrough HDD and Flash innovations inspired by the ways individuals and businesses use data to create what’s next. This press release features...
What’s Next Western Digital Event – Building on significant technology innovations cultivated over decades, Western Digital (NASDAQ: WDC) today announced that it is sampling its new industry-leading 22TB¹ and 26TB UltraSMR HDDs to select hyperscale cloud customers, further expanding its areal density leadership and delivering customer value by driving TCO lower. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220509005151/en/...
Western Digital Corp. (NASDAQ: WDC) today announced management participation in the upcoming investor conferences: Event: J.P. Morgan 50th Annual Global Technology, Media and Communications Conference Presentation: Wednesday, May 25, 2022 at 6:20 a.m. PDT / 9:20 a.m. EDT Event: Stifel 2022 Cross Sector Insight Conference Presentation: Tuesday, June 7, 2022 at 8:30 a.m. PDT / 11:30 a.m. EDT Event: Goldman Sachs Global Semiconductor Virtual Conference Presentation: Tuesday, June 7, 2022 at 10:00...
Western Digital Corp. (NASDAQ: WDC) today announced that it will host its 2022 Investor Day in San Francisco on Tuesday, May 10, 2022, from 8:00 a.m. to 12:15 p.m. Pacific Daylight Time. Western Digital's CEO David Goeckeler and other senior executives will discuss the company's long-term strategy with a question and answer session following the presentations. A live webcast of the event will also be available on the Investor Relations website, including a replay after the conclusion of the...