Seagate Technology Is Soaring After Its Strong Earnings Report. Should You Buy Western Digital Before Its Earnings Report?

Seagate Technology reported strong Q4 earnings with a 48% revenue surge driven by AI infrastructure demand, causing its stock to jump over $100. As Western Digital's close competitor in the HDD market, the article analyzes whether Western Digital could see similar gains when it reports earnings on Aug. 5. Three bullish factors include robust hyperscaler demand for storage, Western Digital's strong financial guidance, and positive sector sentiment, though the main risk is that optimism may already be priced into the stock.