"Western Digital To Raise NAND Flash Prices By Up To 55%; Western Digital Has Informed Customers That Prices For NAND Flash Memory May Rise By Up To 55% In The Next Quarters, According To Industry Sources" - DigiTimes Alert
Portfolio Pulse from Benzinga Newsdesk
Western Digital has notified customers of a potential increase in NAND flash memory prices by up to 55% in the upcoming quarters, as reported by industry sources and relayed by DigiTimes.
December 06, 2023 | 1:56 pm
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Western Digital's announcement of a NAND flash price increase up to 55% could lead to higher revenue if demand remains stable.
The price increase for NAND flash memory is significant and directly impacts Western Digital's product line. If demand for NAND flash remains unchanged, the price hike could translate into increased revenues for the company. However, the actual impact on the stock price will depend on market perception, potential demand elasticity, and competitive responses.
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