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Winners And Losers Of Q4: Western Digital (NASDAQ:WDC) Vs The Rest Of The Semiconductors Stocks [Yahoo! Finance]

Western Digital Corporation (WDC)  More Company Research Source: Yahoo! Finance
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
The semiconductor industry is driven by cyclical demand for advanced electronic products like smartphones, PCs, servers, and data storage. While analog chips serve as the building blocks of most electronic goods and equipment, processors (CPUs) and graphics chips serve as their brains. The growth of data and technologies like artificial intelligence, 5G, the Internet of Things, and smart cars are creating the next wave of secular growth for the industry. The 40 semiconductors stocks we track reported a satisfactory Q4. As a group, revenues beat analysts' consensus estimates by 1.7% while next quarter's revenue guidance was above. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 6.9% since the latest earnings results. Founded in 1970 by a Motorola employee, Western Digital (NASDAQ: WDC) is a leading producer of hard disk drives, SSDs and flash memory. Western Digital reported revenues of $4.29 billion, up 41.3% year on year. T [Read more]

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