Western Digital Has No More HDD Capacity Left, as CEO Reveals Massive AI Deals; Brace Yourself For Price Surges Ahead!

Western Digital's CEO, Irving Tan, announced that the company has exhausted its HDD capacity for 2026, with significant long-term agreements already in place for 2027 and 2028. The demand surge is attributed to the ongoing AI supercycle, which has led to a large-scale data center buildout, particularly in the US. The company is focusing on enterprise customers, with cloud revenue accounting for 89% of total revenue, compared to just 5% from consumer revenue.