Western Digital (WDC) shares plummeted 5.07% during intraday trading on Thursday, reflecting a broader downturn in the chip sector.
The decline aligns with a sector-wide pullback, where SanDisk (a subsidiary of Western Digital) fell over 4%, and other chip stocks like SOXL, UMC, and Micron also saw significant drops. The sell-off suggests investor caution toward the semiconductor industry amid shifting market sentiment.
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