🟢 Western Digital is trading 4.2% up today as memory chip stocks rebound on AI optimism

Western Digital is trading 4.2% up at $497.45 in pre-market, rebounding after last week’s sharp semiconductor selloff and profit-taking pressure.

• The move aligns with a broader rally in memory chip names driven by renewed optimism around AI-driven demand and improving DRAM and NAND pricing.
• Recent weakness was largely sector-wide rather than tied to any new, company-specific setbacks, allowing for a recovery as sentiment stabilizes across the semiconductor industry.