Western Digital Is the Best-Performing Nasdaq-100 Stock. Can It Keep Going?

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Western Digital is the top-performing Nasdaq-100 stock this year, up 59% due to high demand for its hard disk drives for AI data centers. The company has already sold out its entire 2026 production capacity, with contracts extending through 2027-2028, indicating sustained growth fueled by the AI-driven “data explosion.” Despite a recent 14% pullback from its all-time high amidst a broader tech sell-off, analysts remain bullish, viewing the dip as a temporary breather rather than a fundamental reversal.

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