Western Digital Refocuses Post-SanDisk Spin-Off As Analyst Highlights AI-Led HDD Growth

1. Western Digital's price target lowered to $50 amid spin-off of SanDisk. 2. HDDs projected to dominate cloud storage, boosting future revenue significantly. 3. Accredited analyst highlights strong growth in AI-driven storage demand. 4. Western Digital plans capital return strategy post its balance sheet improvements. 5. HDD manufacturing remains cost-effective compared to NAND technology, sustaining competitive advantage.