Why Western Digital (WDC) fell 2.80%
Western Digital (WDC) fell 2.80% on November 12, 2026 — AI memory selloff drags Western Digital lower.
What happened
Nvidia turmoil and reports of preparations for a Jensen Huang ouster rattled AI stocks, and the AI Memory group fell with Western Digital down 2.8%. Nasdaq futures also dropped on the news.
Why it moved
Western Digital's hard drives and storage are sold into AI data-center buildouts, so it trades with AI infrastructure sentiment.
Why it matters
Western Digital is a storage name in the AI Memory theme, where AI server demand lifted memory and storage prices for months.
What would break the thesis
If Nvidia's situation settles, Western Digital should recover with the AI storage group. Weaker data-center storage orders would be a company-specific risk that the sentiment move doesn't capture.
Sources
- Nasdaq futures fall as Nvidia turmoil rattles AI stocks — Investing.com