Western Digital Outlook Upgraded to Positive, Driven by AI Infrastructure Demand

S&P Global Ratings revised Western Digital’s outlook to positive from stable. The agency affirmed the company’s 'BBB-' issuer credit rating.

Surging demand for AI infrastructure drives the revision. This trend is expected to accelerate cash flow and fuel rapid top-line growth for the data storage manufacturer.

Hyperscale cloud providers require significant storage solutions for AI training and inference. S&P projects a 44% revenue increase for Western Digital by fiscal year 2027.