Western Digital flags hyperscaler orders through 2028 as AI video tests storage supply
Western Digital disclosed that major cloud clients have locked in hard drive orders running out to 2028—a level of long-term commitment unusual for what’s typically a cyclical sector. The stock slipped about 2% on Thursday. https://www.marketscreener.com/news/transcript-western-digital-corporation-presents-at-morgan-stanley-technology-media-telecom-conf-ce7e5cd2dd80f620 Why it matters now: Data-center budgets have pivoted toward artificial intelligence lately, with a wave of investment moving beyond just text into the much heavier realm of images and video—demanding far more storage. With the hard-drive market dominated by a handful of major players, buyers are moving quickly to secure inventory up front instead of scrambling to find it down the road.