🔴 Western Digital is trading 4.38% down today as semiconductor and memory stocks retreat

Western Digital is trading 4.38% down now at $472.52 after a sharp sector-wide retreat in semiconductor and memory stocks.

• Rising long-term Treasury yields, renewed inflation concerns, and escalating U.S.-Iran tensions are pressuring high-multiple technology trades.
• Investors are awaiting Federal Reserve policy minutes.
• Comparable memory stocks have also fallen sharply, supporting a sector-driven explanation rather than a new company-specific announcement.