Business

Stocks of Western Digital and Seagate Plunge

Updated 2026-10-02 13:10 UTC 1 source Negative

Western Digital and Seagate's stocks are experiencing significant drops due to investor concerns over potential competition from Toshiba in the AI storage market.

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MarketWatch
Investors are worried that Toshiba will boost its production of a key AI storage product, potentially hurting the strong pricing power that Western Digital and Seagate currently enjoy.
2026-10-02 12:58 UTC
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