🔴 Western Digital is trading 4.5% down today as investors take profits in AI storage stocks

Western Digital is trading 4.5% down at $538.14 as investors pull back from memory and storage names following a sharp AI-driven rally.

• Recent commentary highlights profit-taking in AI storage stocks and concerns that easing supply shortages may pressure future margins.
• The decline appears tied to a broader selloff in DRAM and AI memory peers, with no fresh company-specific catalysts reported this morning.