On June 8, Western Digital rose 3.96% in regular trading, trading at $532.845/share, with trading volume of $359 million. The stock staged a recovery rally after suffering a cumulative decline of over 11% across the prior two trading sessions.
On the news front, earlier market rumors alleged that Nvidia's next-generation Rubin NVL72 platform would slash per-rack memory capacity from 55TB to 28TB, replacing 192GB SOCAMM modules with 96GB versions, which triggered heavy selling across the storage sector. The panic was subsequently alleviated after SemiAnalysis founder publicly clarified that the market had misinterpreted the report's contents, and Nvidia CEO Jensen Huang also denied the related claims.
Within the Technology Hardware, Storage & Peripherals sector, storage stocks broadly recovered. SanDisk rose 3.87%, Seagate Technology gained 3.38%, and Super Micro Computer advanced 2.93%, reflecting sector-wide relief following the rumor clarification.
(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.)