Business & Economy
Why Western Digital and Seagate are seeing big stock drops today
Investors are worried that Toshiba will boost its production of a key AI storage product, potentially hurting the strong pricing power that Western Digital and Seagate currently enjoy.
AI Summary
Investors fear Toshiba’s planned increase in production of a key AI storage product could erode the pricing power currently held by Western Digital and Seagate, prompting sharp drops in both companies’ stocks.
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