Western Digital's decline narrowed to 10%, and at the beginning of the session it plummeted by more than 22%. After the US stock market on Wednesday, US storage leader Western Digital announced financial results for the fourth quarter of the 2026 fiscal year ending July 3. Driven by continued strong demand for storage products, the company's revenue and profit for the quarter both exceeded expectations, and net profit increased more than 12 times over the same period last year. According to financial reports, Western Digital's revenue for the fourth fiscal quarter was US$3.75 billion, up 44% year on year. Market expectations were US$3,692 billion, compared to US$2,655 billion for the same period last year.

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