🔴 Western Digital is trading 11.24% down today amid AI spending and memory-price concerns

Western Digital is trading 11.24% lower at $285.86 now as broad memory and storage sector pressure weighs on shares.

• Reports on November 5 cite investor concerns over AI data-center spending and memory prices, including a lawmaker’s call for an AI pause and election-related regulatory uncertainty.
• The decline extends the November 4 selloff, when Western Digital closed at $323.83, down 6.77%.
• No fresh company-specific catalyst was identified; the Nasdaq was sharply lower during the open session.