On July 28, Western Digital fell 3.08% overnight, trading at 482.0 USD/share, with turnover of 207.09万美元. The storage sector continued its prior downtrend, with Micron Technology and SK Hynix also declining over 2% in after-hours trading.

On the news front, multiple bearish rumors surrounding the NAND industry continued to suppress sector sentiment. Market speculation included SanDisk reportedly signing a low-price long-term supply agreement with Meta, cloud vendors pressuring QLC eSSD pricing downward, and weakening procurement demand from domestic cloud service providers. Peer stocks reflected the broad weakness, with SanDisk falling over 4% and Seagate declining over 2%, as profit-taking across the storage sector intensified.

Adding to headwinds, Morgan Stanley recently warned that the AI-driven semiconductor storage boom is approaching an inflection point, with memory contract prices expected to peak in the fourth quarter. While earlier AI infrastructure demand expectations had supported a brief rebound, the rally failed to sustain momentum amid persistent negative sentiment. Western Digital is scheduled to report earnings on August 5, with consensus EPS expectations at 3.24.

(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.)