$NVIDIA(NVDA)$ I don't need to post here every day. Honestly, I'm not focused on daily, weekly, or even monthly price swings. While the stock fluctuates, I'm always looking at the annual gains. The fact is, it's been up 11 out of the past 13 years. That's a point worth repeating.

$Western Digital(WDC)$  It's doing better than Micron on price, but not on earnings.

$Western Digital(WDC)$ Goldman Sachs raised their price target on Western Digital to $650 from $400.

US stocks opened higher, with chip stocks leading the gains. The Dow is up 0.11%, the S&P 500 is up 0.32%, and the Nasdaq is up 0.78%. $Western Digital(WDC)$  is up over 5%, $Broadcom(AVGO)$  gained 3.5% after its Apple deal extension to 2031, and $SanDisk Corp.(SNDK)$  is up 4%. Risk appetite looks strong, with semiconductors still driving the market.

The storage cycle is turning, and it feels like the market is still underestimating what's ahead. AI isn't just about GPUs; it creates a huge need for high-capacity storage to house, train, and serve massive datasets. Every AI cluster needs a storage backbone, and Western Digital is positioned to benefit from that long-term trend. You can see a few key points: enterprise storage demand is improving, AI-driven data growth is accelerating, HDDs remain essential for hyperscale and cloud economics, flash demand continues its recovery as pricing normalizes, and operating leverage could significantly boost earnings as the cycle strengthens. The world is creating more data than ever, and that data has to live somewhere. AI, cloud, enterprise, and hyperscale aren't slowing down. Sometimes the best

$Western Digital(WDC)$ Short sellers in Western Digital have been taking a hit recently.

$Western Digital(WDC)$  The recent price movement seems like a normal fluctuation. We were at $530 not long ago. The fundamentals remain solid: $12B revenue, 55% profit margin, $34 revenue per share, 45% quarterly growth, and a forward P/E of $31. A key point is the relatively small float of 342M shares, with over 95% held by non-retail investors. From where I stand, it's a strong business in the current environment, with memory now being high-end infrastructure. I'm holding my shares and not letting go of them at these levels. The stock could reach over $800 in the coming months.

$NVIDIA(NVDA)$  NVDA seems fairly valued right now, with a relatively low forward P/E. I don't see much downside from the current level. The data center build-out is still in its early to mid stages, and demand for their products remains strong.

$Western Digital(WDC)$ This looks like it could rise on low volume. People are probably just waiting for entry points. This one seems good.

$Western Digital(WDC)$ 727 to 530, nice. If you liked it over 600, you should love it now.

$Western Digital(WDC)$ I haven't seen Bloomberg or Schwab Network covering this tech sell-off yet. It still seems to be based mostly on rumors at this point.

$Western Digital(WDC)$ Meta's move to build more data centers is just another sign of the high demand for hardware. Honestly, this feels like just the first phase of a longer trend. They have multi-year contracts running out to 2029 and 2030. At the current rate, they could potentially earn back their entire market cap within the next three years.

$Western Digital(WDC)$  Looks like we're heading back to test $484.50. From my perspective, it doesn't feel like all the big money is in position yet.

$Micron Technology(MU)$ $SanDisk Corp.(SNDK)$ $Western Digital(WDC)$ $NVIDIA(NVDA)$ gold mines today

$Western Digital(WDC)$  Looks like a bull flag on the one-month chart. That could be a positive sign.

$SanDisk Corp.(SNDK)$ $Micron Technology(MU)$ $Seagate Technology PLC(STX)$ $Western Digital(WDC)$ Looks like there could be another 5% drop from the current level. After that, I think there's a chance it bounces back and continues higher through the end of the year.

The Storage Supercycle: Why the Market Might Be Underestimating Western Digital ($Western Digital(WDC)$ ) While a lot of attention goes to AI compute and logic chips, there's a case to be made for the underlying data infrastructure. Western Digital's shift from a cyclical hardware business to a core part of the AI utility stack looks to be in place. The structural argument for a re-rating of WDC seems to hinge on a few key points. First, the SanDisk ($SanDisk Corp.(SNDK)$ ) separation. By spinning off SanDisk, WDC unlocked significant value. The move allowed them to monetize their remaining equity stake, reducing debt by $3.1 Billion in a single quarter and moving the company into a net cash posi

Here are some key dates in July that could be positive for memory stocks, with the main negative to watch being the Korean NPS rebalancing. - July: Korean NPS resumes rebalancing of KOSPI holdings - July 7: Samsung preliminary earnings guidance - July 10: $SK hynix(SKHY)$  IPO in the US - July 14: CPI data - July 15: PPI data - July 15: $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$  20-for-1 stock split - July 28: $Seagate Technology PLC(STX)$  earnings - July 29: $SK hynix(SKHY)$  and $Western Digital(WDC)$  earnings - July 30: Samsung earnings -

$Western Digital(WDC)$ It's interesting how chip stocks and HDD stocks have moved. HDDs are still a core part of corporate infrastructure needs. Honestly, the current dip looks like a decent buying opportunity.

Are the bears even aware of what's happening tomorrow morning? If not, they might want to look it up. Historically, July tends to be a strong month for trading. So what if there are a couple of down days? The bears might enjoy the intraday action for now. Some are buying bearish stocks and expensive puts. $Micron Technology(MU)$  $Western Digital(WDC)$  $SanDisk Corp.(SNDK)$