Western Digital is trading at $416.46, down 9.97%, after reports that Toshiba plans to invest about ¥60 billion to double HDD production capacity by fiscal 2027

Western Digital is trading at $416.46, down 9.97%, after reports that Toshiba plans to invest about ¥60 billion to double HDD production capacity by fiscal 2027, raising concerns about future supply and pricing pressure. - Seagate also fell on the report, while the broader market was higher, sugges…