Western Digital Rides AI & Cloud Boom to Power Growth, Seagate and Everpure Also Gain from Trend

Western Digital is capitalizing on the AI and cloud boom by delivering high-capacity drives at scale with strong performance and optimized total cost of ownership. The company shipped over 3.5 million latest-generation ePMR drives in Q2, reflecting strong customer uptake, and expects continued momentum in Q3 with non-GAAP revenues of $3.2 billion. Competitors like Seagate Technology and Everpure are also benefiting from the trend, with Seagate expecting revenues of $2.9 billion in Q3.