Western Digital Crushed the S&P 500 Over 10 Years. Now AI Is Changing Everything

Western Digital Crushed the S&P 500 Over 10 Years. Now AI Is Changing Everything

Western Digital survived two brutal price halvings, a five-year dividend blackout, and an activist breakup campaign before AI storage demand rewrote the story. Whether that rewrite holds depends on one unpredictable customer group controlling 89% of revenue.