u/Individual_Writer540

Cantor upgraded WD up to $900 and $1050 by Melius.

The thesis remains. HDD is limited availability up until 2027/2028 and will not be able to ramp up production to meet demand and holds high pricing power.

A notable shift today for 6/29 was a divergence from HBM like MU and SNDK. News out of Korea and China seemed to affect flash but opposite effect on HDD.

Would be smart to see if buyers are starting to distinguish these two types of memory companies on different metrics.

Hopefully more good earnings while thesis holds on HDD availability