Western Digital CFO Rebuts AI Cooling Rumors: Customers Unwavering, but Capex Surge Sends Shares Down 3% – BigGo Finance

Western Digital’s CFO addressed concerns about artificial intelligence cooling by asserting that customer demand remains steady despite industry speculation. However, the company’s announcement of a significant capital expenditure surge resulted in a 3% decline in its stock price. The CFO’s comments suggest confidence in sustained demand while investors reacted cautiously to the increased spending outlook.

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