Western Digital: On Track To Cut Cost Per Terabyte About 10% Y/Y In Near Term
DRAM And NAND Costs Still Rising - Expects Capex To Average 4% 6% Of Revenue Over Five Years, Modestly Above That In Next Two Years - On Track To Begin Shipments In H1 2027 - Expects IT To Be Close To 30% Of Nearline Shipments By Q2 And 50% By Q3 - Volume Production Of 40TB ePMR Off To Strong Start - Seeing More Demand Beyond Cloud And Hyperscale, Into Enterprise Environments And Newer End Markets - Shares Drop More Than 5% During Earnings Call
DRAM And NAND Costs Still Rising - Expects Capex To Average 4% 6% Of Revenue Over Five Years, Modestly Above That In Next Two Years - On Track To Begin Shipments In H1 2027 - Expects IT To Be Close To 30% Of Nearline Shipments By Q2 And 50% By Q3 - Volume Production Of 40TB ePMR Off To Strong Start - Seeing More Demand Beyond Cloud And Hyperscale, Into Enterprise Environments And Newer End Markets - Shares Drop More Than 5% During Earnings Call