All articles tagged with #western digital
The stock market saw gains with the Dow surpassing 49,000, driven by Nvidia's new AI chip and strong performances from Sandisk and Western Digital, amid overall positive market sentiment and record highs in some tech stocks.
Major stock indexes maintained gains amid positive inflation data, with tech stocks like Nvidia and Tesla outperforming. Western Digital led the Big Cap 20 with a 5% rise, and Carvana showed strong fundamentals with a recent breakout. The market showed signs of resilience, supported by favorable economic indicators and sector performances.
Day 2 of Amazon Prime Day features significant deals on top SSDs, with Western Digital's latest models competing with Samsung's high-performance drives, including the fastest SSD ever tested, the WD Black SN8100, and Samsung's 9100 Pro PCIe 5 SSDs, offering options for gamers and PC builders alike.
Amazon is offering significant discounts on Western Digital SSDs compatible with PS5 and PCs during its Black Friday sale. The WD Black SN850X 1TB SSD is available for $90, while the 2TB model is priced at $134, both with preinstalled heatsinks. A 4TB version without a heatsink is on sale for $250. These SSDs offer speeds up to 7,300MB/s, exceeding the PS5's requirements. Additionally, Xbox and Nintendo Switch users can find deals on storage expansions, including the WD Black C50 1TB Expansion Card for $100 and SanDisk microSD cards.
Western Digital has unveiled a 4TB SanDisk Extreme PRO SDUC UHS-I memory card, setting a new world record for the largest removable memory card. The card, announced at the NAB Show 2024, aims to meet the increasing demand for high-capacity storage solutions in photography and video creation. With twice the capacity of the largest microSD cards, the new SD card utilizes the SDUC standard and is set for release in 2025, catering to the needs of creative professionals for extensive data storage.
Western Digital unveiled new SD cards, including a 4TB SDUC card, a 2TB SDXC card, and a 256GB SD Express-supported card, with improved speeds and capacities. The 4TB SDUC card is a significant leap in storage capacity, utilizing the SDUC specs and hinting at future potential for even larger capacities. These new SD cards are expected to be available in 2025, but pricing details have not been disclosed.
Western Digital plans to release the first 4TB SD card in 2025, targeting media and entertainment workflows. The card will support high-resolution video formats and use the Ultra High Speed-1 (UHS-1) bus interface, with theoretical transfer rates of up to 104 MB per second. While this advancement is exciting for professionals with high-storage needs, concerns about SanDisk's reliability due to reported failures of their SSDs may lead some customers to consider waiting for another brand to make the leap to 4TB.
Western Digital's tech company SanDisk has developed the world's first 4TB microSD card, the SanDisk Extreme PRO SDUC UHS-1, set to release in 2024 and showcased at NAB 2024. With a maximum data transfer rate of 104 MB/s, it supports write speeds of 30MB/s, suitable for 8K video recording. Speculation suggests it may support off-spec DDR200/DDR208 mode for higher transfer rates, potentially retailing for several hundred dollars more than the 1TB version.
Western Digital has unveiled a 4TB SanDisk Extreme Pro SD card, set to be available in 2025, designed for cameras and laptops with UHS-I interface and 8K video recording capabilities. The card uses the Ultra High Speed-I (UHS-I) interface, promising data transfers of up to 104MB/s in the UHS104 (SDR104) mode, with minimal sequential write speeds of 30MB/s. While the SD Association had previously announced the potential for SD cards to hold up to 128 terabytes of storage, it has taken time to reach the 4TB point. The pricing for the 4TB version is expected to be around $600 or more.
Western Digital previews the industry's first 4 TB SD card at the NAB trade show, set for commercial release in 2025. The SanDisk Extreme Pro SDUC 4 TB SD card complies with the SDUC standard, uses the UHS-I interface, and is rated for speed Class 10 and Video Speed Class V30, making it suitable for 8K video recording. The card's NAND and pricing details have not been disclosed, but it is expected to utilize the forthcoming BiCS 9 NAND and may support the off-spec DDR200/DDR208 mode for higher transfer rates.
Western Digital (WDC) reported its seventh consecutive quarterly decline in revenue, causing its stock to drop more than 5% in after-hours trading. The company posted a FQ2 2024 adjusted loss per share of 69 cents on revenue of $3.03B, with a 2% year-over-year decline in revenue. The decline was attributed to a 13% year-over-year fall in sales in the cloud business. Despite this, the company's flash revenue increased slightly, while HDD revenue fell. Western Digital also announced plans to split its hard disk drive and flash memory businesses into two separate companies by the second half of 2024.
Morgan Stanley analyst Joseph Moore has shifted his top chip pick from Nvidia to Western Digital, citing the potential for over 25% upside in Western Digital's shares due to an upcoming separation of the company's memory- and hard-drive assets and improvements in NAND memory trends. While Moore still likes Nvidia, he sees headwinds for AI stocks in the future and believes that Nvidia has rallied less than other companies in the AI supply chain, retaining a premier position with material upside for the next couple of quarters.
Western Digital's 2230 NVMe SSD for the Steam Deck is currently on sale for $79.99, $50 off its original price, making it the lowest price seen for a 1TB drive of this format. The SSD is specifically designed for gaming handheld devices like the Steam Deck and offers a simple upgrade option. Additionally, microSD cards with steep discounts are also recommended for those needing more storage.
The 4TB Western Digital SN850P NVMe SSD with heatsink is currently at its lowest price on Amazon as part of their Early Black Friday Deals. This officially licensed storage expansion for PlayStation 5 consoles offers lightning-fast read speeds of up to 7,300MB/s and write speeds of up to 6,600MB/s, allowing for a responsive and immersive gaming experience. Other SSD deals from SanDisk, Samsung, and Crucial are also available.
SoFi Technologies reported a strong third-quarter revenue beat and raised its outlook for the full year, causing its shares to fluctuate. McDonald's beat analyst estimates with strong global same-store sales growth, while General Motors and Stellantis saw slight declines as their autoworkers strike neared an end. Spirit Realty Capital surged after announcing its acquisition by Realty Income, while Western Digital jumped after outperforming expectations in the fiscal first quarter. On Semiconductor's stock plummeted due to underwhelming current-quarter guidance, and Revvity tumbled after offering a weak quarterly report.