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Toshiba plans to invest about $380M to double HDD capacity for AI data centers by FY2027
A user said Western Digital shares were down nearly 7% and expects more competition for it and Seagate.
TLDR
A user said Toshiba plans to invest about $380 million to double HDD capacity for AI data centers by FY2027. The user reported Western Digital shares down nearly 7% and argued that more Toshiba capacity would increase competition for Western Digital and Seagate in an AI storage market where investors had priced in tighter supply.
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