🟢 Western Digital is trading 7.8% up today as memory stocks rally on AI demand and bullish analyst targets

Western Digital is trading 7.8% up at $529.57 after a sharp rebound in memory-chip stocks driven by renewed AI demand and bullish analyst commentary.

• Morgan Stanley raised its price target for the company to $650, citing strong storage demand for AI applications.
• The move is supported by a broader sector rally, with DRAM stocks gaining 8.22% to reinforce the memory-chip bid.