WDC is trading at $256.00, down 5.2% in pre-market as U.S.-Israel military operations against Iran trigger a global risk-off sentiment and broader market weakness.
- The decline follows a 3.4% drop on March 2, 2026, with major indices down 1.4–2.0% following Iran's closure of the Strait of Hormuz and threats to regional stability.
- Despite the selloff, the company recently reported 25% year-over-year revenue growth driven by robust AI-related storage demand.
- Storage and semiconductor stocks face heightened vulnerability to supply chain disruptions and demand uncertainty resulting from the potential for prolonged geopolitical conflict.