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BTCC / BTCC Square / Global Cryptocurrency /
Western Digital Stock Surges 17% on Nvidia’s AI Storage Breakthrough at CES

Western Digital Stock Surges 17% on Nvidia’s AI Storage Breakthrough at CES

Author:
Global Cryptocurrency
Published:
2026-01-07 11:08:02
16
2
BTCCSquare news:

Western Digital shares skyrocketed 16.8% in after-hours trading following Nvidia CEO Jensen Huang's CES unveiling of revolutionary 'context memory storage' technology. The innovation, designed for the Vera Rubin chip platform, promises to accelerate AI chatbot performance by optimizing long-form query processing.

The storage sector witnessed broad gains, with SanDisk leaping 27%, Seagate climbing 14%, and Micron advancing 10%—all reaching unprecedented valuations. SanDisk's simultaneous launch of rebranded Optimus NVMe solid-state drives for AI PC builders further fueled market enthusiasm.

As cloud infrastructure providers position themselves for the AI revolution, Western Digital's dual role as both enterprise storage supplier and direct-to-consumer vendor makes it a bellwether for capital flows into artificial intelligence infrastructure. The sector's momentum now faces potential inflection points with impending U.S. labor market data that could reshape rate expectations.

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