Western Digital, Seagate Fall on Report Toshiba to Double HDD Production
Shares of Western Digital and Seagate Technology declined after Nikkei reported that Toshiba plans to double its hard-disk drive production capacity by fiscal year 2027. Seagate shares were down 12% on Friday morning.
Shares of Western Digital and Seagate Technology fell after Nikkei reported that Toshiba plans to double its hard-disk drive production capacity within fiscal year 2027. 67 as of Friday morning, though they have tripled in v…