r/WDCStock

Another two busy months coming up with lots to be aware of!

• July 6: KRW-USD trading will be available 24 hours daily including public holidays in Korea (except for weekends)
• July 7: Samsung's Q2 2026 preliminary earnings release
• July 7-10: AI for Good Global Summit 2026 (Switzerland) - speakers from NVIDIA, AWS, ARM, Cisco, Google, HP, IBM, Microsoft, Broadcom, Huawei, NXP, MIIT
• July 8-9: RAISE 2026 AI Summit (France) - global conference with speakers/execs/CEOs from Intel, AMD, Broadcom, Google, Cerebras, OpenAI, Oracle, Synopsys, Anthropic, HP, AWS, SK Hynix, Nebius, ARM, Lumentum
• July 10: SK Hynix IPO listing on NASDAQ
• July 14: US June 2026 CPI report
• July 15: ASML's Q2 2026 earnings call
• July 16: TSMC's Q2 2026 earnings call
• July 18-19: AGI Summit SF 2026 - speakers from OpenAI, Anthropic, Microsoft, SK T and AWS
• July 23 [TBD]: Samsung's earnings call
• July 23: Intel's Q2 2026 earnings call
• July 22-23: AMD Advancing AI 2026 (San Francisco)
• July 16 or 28 [TBD]: STX's earnings call
• July 28-29: US FOMC July meeting - interest rate decision
• July 29: WDC's earnings call
• July 29: SK Hynix's earnings call
• July 29 [TBD]: ARM's earnings call
• July 29 [TBD]: Qualcomm's earnings call
• July 29 [TBD]: LRCX's earnings call (one of the industry's most important business partners for NAND manufacturing, packaging, production equipment, tools and supplies)
• July 29: Silicon Motion's earnings call (they produce and sell NAND flash controllers to MU, SNDK, Samsung, Kioxia, SK and WDC)
• End of July [Mag7]: Microsoft, Google, Meta, Apple, Amazon and Tesla's earnings calls
• July 31: KIOXIA's earnings call
• August 4-6: Future of Memory and Storage 2026 - speakers from NVIDIA, AMD, SNDK, STX, IBM, Kioxia, Intel, Phison
• August 4 [TBD]: AMD's earnings call
• August 13 [TBD]: AMAT's earnings call (one of the biggest manufacturing equipment and materials engineering tools companies)
• August 13 [TBD]: SNDK's earnings call
• August 19-20: 7th Annual Needham Semiconductor & SemiCap 1x1 Conference 2026 (private semis/chipmaking equipment testing/tools event)
• August 20: MRVL's earnings call
• August 26: NVIDIA's earnings call
• August 26-27: Deutsche Bank's 2026 Technology Conference

I’ve noticed over the past two weeks that $WDC hasn’t been moving in line with $SNDK, and I’m trying to understand why.
For example, when SanDisk is up 10% or more, WDC might only gain 1 - 2% before ending the day down 2% or worse. Yet when SanDisk drops 10%, WDC often falls 7- 8% as well.
The relationship seems incredibly asymmetric—WDC barely participates in the upside but still absorbs most of the downside. Considering these were once the same company, I would have expected their price action to remain more closely correlated.
What am I missing here

The storage sector has taken a beating for two consecutive days; MU and SNDK both dropped around 10% yesterday and are continuing to fall in pre-market trading today. WDC fell 6.3% yesterday and appears to be trending lower today. The fundamentals haven't changed what has shifted is market sentiment and capital flow. With institutions rebalancing portfolios and investors cashing in earlier gains, the entire sector is pulling back. For those holding WDC, how are you handling the current price level? Are you riding it out, or stepping aside to see how things play out?

This week's expectations are largely met. Today's drop was similar to yesterday's, so there shouldn't be much fluctuation. Looking ahead to Monday for a potential rise.

Can it be like losing weight - easy to go up and never going down 😂 (I am joking and I know this is no how the market works)

Hey guys, looking for some honest advice on a bad trade.

I bought 35 shares of WDCX (Tradr 2X Long WDC Daily ETF) at $66.5. Right after I bought, it jumped to around $67-$68 twice, but I missed my chance to set a limit order and take profits.

Since then, it has completely collapsed—dropping down to $50 and hitting $37 this week. I'm feeling a lot of regret about not selling when it spiked, and I'm stressing over what to do next.

I'm debating whether I should just bite the bullet, sell it around $40 to salvage what’s left, and move the capital into a standard, non-leveraged stock to avoid the daily decay. Or is it worth holding out for a bounce back?

I’ve only been trading for about two months, so any general advice on how to handle the psychology of a big drop or managing risk going forward would be highly appreciated. Thanks.

noticing this trend since last week thursday

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

trying to get everyone thoughts. I want to do both but I’m trying to consolidate my list of stocks and only want a very select few. Considering we are in the 500 range now, is it a good time to buy? Does WDC have more growth potential than SNDK? Which is better for growth and long term if I buy in now

Looking at Western Digital recently, the price action has been extremely aggressive. The chart shows a near vertical move from the lower range around the 50 area all the way up toward the high 700s, followed by a sharp rejection back down to the mid 500s.

This kind of structure usually does not happen in a slow and healthy uptrend. It looks more like a momentum driven expansion phase where positioning, narrative, and possibly AI related storage expectations all piled into the same direction at once. When price moves this fast, volatility tends to increase significantly on both sides.

What stands out to me is how extended the move became before the pullback. The candles at the top show clear exhaustion characteristics, with a sharp wick and immediate rejection. Combined with elevated volume and stretched momentum indicators like MACD, it suggests the market may have entered a short term profit taking phase rather than a clean trend continuation.

The key question now is whether this pullback is a reset within a longer term uptrend or the start of a deeper revaluation.

On the bullish side, Western Digital is still tied to structural demand themes in data storage, especially as AI infrastructure expands and storage intensity increases over time. If that narrative continues to hold, then pullbacks like this could eventually become re accumulation zones.

On the bearish side, the speed of the prior move raises the risk that a lot of forward expectations have already been priced in. In that case, the current drop could still have room to extend as late buyers get flushed out and valuation normalizes.

Personally I am not treating this as an obvious buy the dip moment yet. It feels more like a wait for stabilization situation where price action needs to confirm whether it can base out and rebuild a trend, or continue to unwind the excess from the parabolic move.

Curious how others here are reading it. Is this a healthy reset in a long term storage cycle story, or the early stage of a much larger mean reversion after an overextended move?

I think a lot of people are overlooking what actually happened with WDC this week.
The recent decline appears to be driven more by one time events than by a deterioration in the business itself.

First, the SanDisk share exchange officially closed on June 22. Investors who received WDC shares through that transaction often sold them immediately. At the same time, arbitrage funds that had been hedging the deal closed their positions. This created a large amount of temporary selling pressure that was unrelated to the company’s operating performance.

Second, WDC retired about 858 million dollars of convertible debt before its 2028 maturity. To do that, the company issued about 21.3 million new shares. This diluted existing shareholders and reduced near term earnings per share. However, it also eliminated a significant amount of debt, reduced future interest expense, and strengthened the balance sheet. This is generally viewed as a short term negative but a potential long term positive.

Another factor that may have added to the selling pressure was the downgrade from Fox Advisors on June 22. They lowered their rating from Outperform to Equal Weight because they believe expectations for HDD pricing have become too optimistic after the stock’s massive rally. Importantly, this was not based on concerns about WDC’s execution or financial health. It was mainly a valuation call after the stock appreciated significantly.

The key point is that all of these events have already happened. The share exchange is complete. The dilution has already occurred. The analyst downgrade is already public.

From this point forward, I believe the stock will be driven much more by fundamentals such as AI driven storage demand, HDD pricing, free cash flow, margins, and the next earnings report rather than by these one time corporate events

AMD or WDC ? Which one should i pick ? Am sure one wil get to 1k eoy.