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Western Digital (Wdc) Shares Rise 17% on Nvidia's Ces Storage Announcement – Eastmud
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TLDR – Western Digital shares surged 16.8% to $219.38 in after-hours trading after NVIDIA CEO Jensen Huang unveiled new storage technology at CES. Huang introduced "Contextual Memory Storage" technology developed for the Vera Rubin chip platform, designed to accelerate the response of AI chatbots. The storage sector as a whole rose, with SanDisk up 27%, Seagate up 14%, and Micron up 10%, all hitting record highs. SanDisk rebranded its NVMe solid…
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