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Western Digital up as memory product gets certified for use in Nvidia AI server system

BUZZ-Western Digital up as memory product gets certified for use in Nvidia AI server system Updates ** Shares of memory chip maker Western Digital WDC.O rise 2.5% to $66.51 ** Company says its enterprise SSD (solid state drive), a memory storage device, has been certified to support Nvidia's NVDA.O AI server system ** "With co's DC SN861 E.1S enter
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Western Digital up as memory product gets certified for use in Nvidia AI server system

BUZZ-Western Digital up as memory product gets certified for use in Nvidia AI server system ** Shares of memory chip maker Western Digital WDC.O rise 1.5% to $65.88 in premarket trading ** Co says its enterprise SSD (Solid State Drive), a memory storage device, has been certified to support Nvidia's NVDA.O AI server system ** "With co's DC SN861 E.
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Western Digital Enterprise SSDS Certified To Support Nvidia GB200 NVl72 System For Compute-Intensive Ai Environments

BRIEF-Western Digital Enterprise SSDS Certified To Support Nvidia GB200 NVl72 System For Compute-Intensive Ai Environments Oct 14 (Reuters) - NVIDIA Corp NVDA.O : WESTERN DIGITAL ENTERPRISE SSDS CERTIFIED TO SUPPORT NVIDIA GB200 NVL72 SYSTEM FOR COMPUTE-INTENSIVE AI ENVIRONMENTS Source text for Eikon: ID:nBw6lYV0Na Further company coverage: NVDA.O
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Bain sought $10 bln valuation for Japan's Kioxia, investors only wanted to pay half

RPT-EXCLUSIVE-Bain sought $10 bln valuation for Japan's Kioxia, investors only wanted to pay half Repeats item published on Friday Bain scrapped plans for October IPO for Kioxia Investors were concerned over memory market strength, say sources Valuation gap complicates Bain's efforts to list the chipmaker By Miho Uranaka and Sam Nussey TOKYO, Oct 11 (Reuters) - Investors pushed Bain Capital to almost halve the valuation it was seeking for Japan's Kioxia in an IPO, leading the U.S.
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Bain sought $10 bln valuation for Japan's Kioxia, investors only wanted to pay half

RPT-EXCLUSIVE-Bain sought $10 bln valuation for Japan's Kioxia, investors only wanted to pay half Repeats item published on Friday Bain scrapped plans for October IPO for Kioxia Investors were concerned over memory market strength, say sources Valuation gap complicates Bain's efforts to list the chipmaker By Miho Uranaka and Sam Nussey TOKYO, Oct 11 (Reuters) - Investors pushed Bain Capital to almost halve the valuation it was seeking for Japan's Kioxia in an IPO, leading the U.S.
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Bain sought $10 bln valuation for Japan's Kioxia, investors only wanted to pay half

EXCLUSIVE-Bain sought $10 bln valuation for Japan's Kioxia, investors only wanted to pay half Bain scrapped plans for October IPO for Kioxia Investors were concerned over memory market strength, say sources Valuation gap complicates Bain's efforts to list the chipmaker By Miho Uranaka and Sam Nussey TOKYO, Oct 11 (Reuters) - Investors pushed Bain Capital to almost halve the valuation it was seeking for Japan's Kioxia in an IPO, leading the U.S.
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Bain-backed chipmaker Kioxia scraps October IPO plan, sources say

EXCLUSIVE-Bain-backed chipmaker Kioxia scraps October IPO plan, sources say Adds details of performance of peers in paragraph 3 and IPO and stock market trends in paragraphs 6-9 By Miho Uranaka and Sam Nussey TOKYO, Sept 24 (Reuters) - Bain-backed memory chipmaker Kioxia has scrapped its plan for an initial public offering (IPO) in October, three sources familiar with the matter said.
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Intel’s tempting discount is less-than-solid state

BREAKINGVIEWS-Intel’s tempting discount is less-than-solid state The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Robert Cyran NEW YORK, Sept 23 (Reuters Breakingviews) - Intel’s INTC.O meltdown has opportunistic onlookers salivating. The once-leading U.S. chipmaker’s shares are down by half this year. Now, rival Qualcomm QCOM.O is mulling a bid for the whole firm, according to Reuters .
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U.S. Constellation Energy, Eli Lilly, Talen Energy

U.S. RESEARCH ROUNDUP-Constellation Energy, Eli Lilly, Talen Energy Sept 13 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Constellation Energy, Eli Lilly and Talen Energy, on Friday. HIGHLIGHTS * Constellation Energy Corp CEG.O : Jefferies initiates with hold rating; target $183 * Eli Lilly LLY.N : JP Morgan raises target price to $1,100 from $1,050 * Moderna MRNA.O : JP Morgan cuts to underweight from neutral * Vo
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Thailand approves Western Digital's $693 mln investment project

UPDATE 1-Thailand approves Western Digital's $693 mln investment project Updates with additional details in paragraphs 2-6 BANGKOK, Aug 26 (Reuters) - Thailand has approved Western Digital's WDC.O 23.5 billion baht ($693 million) project to expand hard disk production in the country, Thailand's Board of Investment (BOI) said on Monday, as cloud technology and data centre demand grows.
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Thailand approves Western Digital's $693 mln investment project

Thailand approves Western Digital's $693 mln investment project BANGKOK, Aug 26 (Reuters) - Thailand has approved Western Digital's WDC.O investment project worth 23.5 billion baht ($693 million) to expand its hard disk drive production base in the country, Thailand's Board of Investment (BOI) said on Monday. ($1 = 33.93 baht) Reporting by Kitiphon
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U.S. STOCKS Spirit Airlines, Labcorp, Air Products and Chemicals

BUZZ-U.S. STOCKS ON THE MOVE-Spirit Airlines, Labcorp, Air Products and Chemicals Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main stock indexes fell over 1% on Thursday, bogged down by megacap tech and chip stocks, while small-caps bore the brunt of selling pressure as weak manufacturing data renewed concerns around a slowdown in the U.S.
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Futures up as rate-cut hopes prevail; Meta climbs

US STOCKS-Futures up as rate-cut hopes prevail; Meta climbs For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Meta rises on upbeat revenue forecast Arm Holdings down after tepid Q2 revenue forecast Western Digital slumps after Q1 revenue forecast below estimates Futures up: Dow 0.08%, S&P 500 0.41%, Nasdaq 0.49% Updated at 7:02 a.m.
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S&P 500, Nasdaq futures rise as rate-cut hopes prevail; Meta jumps

US STOCKS-S&P 500, Nasdaq futures rise as rate-cut hopes prevail; Meta jumps For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures: Dow down 0.04%, S&P 500 up 0.22%, Nasdaq up 0.32% Aug 1 (Reuters) - Futures for the S&P 500 and the Nasdaq rose modestly on Thursday, boosted by the U.S. Federal Reserve's signals of a September interest-rate cut and a rosy sales forecast from Meta, but a pullback in some megacap and chip stocks capped ga
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Western Digital sees first-quarter revenue below estimates on weak demand for data storage products

Western Digital sees first-quarter revenue below estimates on weak demand for data storage products July 31 (Reuters) - Western Digital Corp WDC.O forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling a slower-than-expected recovery in the company's data storage products. The AI boom has helped some memory chipmakers such as Micron technology MU.O in the middle of a steep industry downturn, but the demand for chips used in conventional data centers continues to fall,
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Western Digital Corp reports results for the quarter ended in June - Earnings Summary

Western Digital Corp reports results for the quarter ended in June - Earnings Summary Western Digital Corp WDC.OQ reported quarterly adjusted earnings of $1.44​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $-1.98. The mean expectation of twenty one analysts for the quarter was for earnings of $1.17 per share.
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Western Digital Reports Fiscal Fourth Quarter And Fiscal Year 2024 Financial Results

BRIEF-Western Digital Reports Fiscal Fourth Quarter And Fiscal Year 2024 Financial Results July 31 (Reuters) - Western Digital Corp WDC.O : WESTERN DIGITAL REPORTS FISCAL FOURTH QUARTER AND FISCAL YEAR 2024 FINANCIAL RESULTS SEES Q1 NON-GAAP EPS IN THE RANGE OF $1.55 TO $1.85. Q1 EARNINGS PER SHARE VIEW $1.74 -- LSEG IBES DATA SEES Q1 NON-GAAP REVE
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BOJ hikes with Fed ahead, Big Tech flubs

MORNING BID AMERICAS-BOJ hikes with Fed ahead, Big Tech flubs A look at the day ahead in U.S. and global markets from Mike Dolan By any standards of an already busy year, markets are digesting an awful lot of information in a very short space of time - with a Bank of Japan interest rate rise and Microsoft earnings disappointment the latest servings on the final day of July.
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Western Digital owes $262 mln in hard-drive patent case, jury says

CORRECTED-Western Digital owes $262 mln in hard-drive patent case, jury says Corrects description and spelling of MR Technologie in paragraphs 1-2 and the case caption By Blake Brittain July 30 (Reuters) - Data-storage giant Western Digital WDC.O violated an Austrian physicist's patent rights and owes the owner of his patents more than $262 million in damages, a jury in California federal court has determined.
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Western Digital Corp <WDC.OQ> expected to post earnings of $1.17 a share - Earnings Preview

Western Digital Corp expected to post earnings of $1.17 a share - Earnings Preview Western Digital Corp WDC.OQ WDC.O is expected to show a rise in quarterly revenue when it reports results on July 31 for the period ending June 30 2024 The San Jose California-based company is expected to report a 40.0% increase in revenue to $3.74 billion from $2.67 billion a year ago, according to the mean estimate from 20 analysts, based on LSEG data.The company's guidance on April 25 2024, for the period ended
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