🔴 Western Digital is trading 4.7% down today on profit-taking and memory sector oversupply fears

Western Digital is trading 4.7% down now at $432.60 as investors rotate out of high-flying memory and AI chip names after a sharp run-up.

• The drop tracks a broader selloff in DRAM and storage stocks triggered by heavy declines in Korean memory leaders.
• Market sentiment is pressured by profit-taking and worries about future competition and oversupply from Chinese player CXMT.
• The price action is driven by sector-wide rotation rather than any new company-specific headlines.