Thursday, August 20, 2020

Why The NAND Industry May Be Heading For Another Downturn That Could Last Longer This Time Around For Western Digital

 Here is the article. 

WDC reported sizable gains in revenue and net income, but earnings call revelations caused the stock to drop nonetheless.

WDC sees weakness ahead in cloud data center demand, a bright spot in prior quarters.

WDC anticipates another downturn in the storage industry and getting out of it may not be so straightforward this time due to several factors.

WDC and the NAND industry may have to deal with a price war to reduce the number of competitors.

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