🟢 Western Digital is trading 5.8% up today on bullish Morgan Stanley memory-chip report

Western Digital is trading 5.8% up at $515.50, rebounding from last week’s sector sell-off following positive analyst commentary.

• Morgan Stanley analysts labeled the recent memory-chip weakness as a major buying opportunity, forecasting a prolonged global shortage.
• The report highlights expectations for higher DRAM prices and surging AI-related demand to support growth across the industry.