Western Digital’s 55% revenue growth, earnings beat and 17% dividend increase indicate strong demand and improving profi…
Western Digital’s 55% revenue growth, earnings beat and 17% dividend increase indicate strong demand and improving profitability, while Lam Research’s earnings beat also reflects resilient semiconductor equipment spending. However, both stocks’ sharp declines suggest investors are focusing on supply constraints and the risk that component shortages will limit near-term growth, shipments or revenue conversion despite strong demand.
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