Western Digital Expands Buybacks As AI Storage Roadmap Targets 100TB Drives

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Western Digital has announced a significant $4 billion increase in its share repurchase authorization and unveiled a new storage roadmap targeting HDD capacities above 100TB by 2029, driven by AI workloads. The company’s stock has seen substantial returns, making the expanded buyback a key focus for investors alongside its AI-oriented product development. This strategy balances capital returns with long-term spending on advanced storage solutions, while also carrying risks related to customer concentration and execution of new technologies.

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