Western Digital (WDC) Slashes EPS Guidance, Analyst Still Sees Attractive Valuation
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Western Digital Provides Update on Production Status of Its Joint Venture Flash Memory Manufacturing Facilities and Fiscal Third Quarter 2022 Outlook
March 2, 2022 6:00 PM ESTSAN JOSE, Calif.--(BUSINESS WIRE)-- Western Digital Corp. (Nasdaq: WDC) today provided an update on the production status of its joint venture flash memory manufacturing facilities and outlook for fiscal third quarter 2022.
Production at both its Yokkaichi and Kitakami joint venture flash fabrication facilities returned to normal operations in late February 2022. Western Digitals flash availability will be reduced by approximately 7 exabytes, which will occur predominately in its third and fourth fiscal quarters, as the facilities ramp back to full production output.
Western Digital also updated its fiscal third quarter 2022... More
