On August 25, Western Digital rose 3.01% in pre-market trading, at $448.3/share, with turnover of $4.815 million. Storage chip stocks broadly recovered in pre-market, with SanDisk and SK Hynix up over 2%, and Micron Technology and Seagate up over 1%.

The rebound follows a sharp selloff on August 24, when the storage sector came under heavy pressure after SanDisk reported Q4 revenue of $8.97 billion and adjusted EPS of $39.25 — both beating expectations — but issued current-quarter profit guidance with a midpoint below some analyst estimates, triggering broad selling. Western Digital had declined approximately 8% in that session. Additionally, reports indicated NVIDIA notified customers of AI server price increases of up to 15% citing rising memory prices, potentially signaling sustained demand strength for storage products.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)