Why Is Western Digital (WDC) Stock Price Up 4.02% Today, Aug 26? Storage Sector Rebound and AI Demand Lift Shares

Western Digital (WDC) rose 4.02% amid a broad storage-sector rebound and renewed focus on AI-driven data-center demand, rather than a new company-specific catalyst. Recent results showed strong year-over-year revenue growth and higher near-term guidance, but the stock remains below key moving averages, leaving the move framed as a tactical recovery attempt. Short-term trading sensitivity is likely to remain tied to sector breadth and cloud spending expectations.