On June 8, Western Digital rose 3.1% in pre-market trading, trading at approximately $523.70/share, with trading volume of $3.13 million. The stock had previously declined over 11% across two consecutive trading sessions due to Broadcom's disappointing AI guidance and rumors surrounding NVIDIA's next-generation Rubin platform memory configuration.

On the news front, market rumors had circulated that NVIDIA's Rubin NVL72 platform would cut per-rack memory capacity from 55TB to 28TB, replacing 192GB SOCAMM modules with 96GB versions, triggering a broad selloff in storage stocks. Subsequently, the founder of SemiAnalysis issued a clarification stating the market had misinterpreted the report's content, and NVIDIA CEO Jensen Huang also denied the related rumors. Panic sentiment eased significantly, prompting a recovery rally across the storage sector.

Within the Technology Hardware, Storage & Peripherals sector, peers also showed recovery: SanDisk up 0.8%, Seagate Technology up 1.48%, Super Micro Computer up 0.21%, and Apple up 0.49%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)