WDC is trading at $282 (+4.4%) in pre-market, rising significantly ahead of its Innovation Day event today, focused on unveiling updated storage roadmaps and providing a financial model update.
- The event will specifically detail updated roadmaps for HAMR and ePMR storage technologies.
- The company is also expected to share core innovations targeting AI-driven data centers.
- This move follows a volatile period after the Q2 2026 earnings beat (EPS $2.13 vs. $1.91 expected, Revenue $3.1B), which saw an initial 10.5% after-hours drop before recovery.