Western Digital Corporation is trading at $595.99 (+5.52%) in pre-market following a rally in memory-chip names and a broad tech-led risk-on session.
- The move is supported by renewed enthusiasm for the sector after Kioxiaβs AI-fueled rally and a recent JPMorgan price target increase to $650 for the company.
- Broader market conditions are also providing tailwinds, with the NASDAQ Composite up 2.21% and U.S. futures trading higher.