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HomeBusinessMizuho is Enthusiastic About Western Digital

Mizuho is Enthusiastic About Western Digital

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Mizuho analysts are enthusiastic about Western Digital (NASDAQ:WDC) as a strong long-term investment. They see the company as a compelling opportunity due to under-ownership and the positive impact of NAND production cutbacks on spot pricing.
The analysts believe that Western Digital’s NAND business is poised for growth, with rising spot pricing and increased NAND demand from smartphone manufacturers. Additionally, they noted the impending split of Western Digital’s business, with the NAND division set to merge with Kioxia, potentially boosting its valuation.

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