AI Hardware Trade Splits: Western Digital Rallies as Coherent Faces Post-Earnings Reckoning
Storage names catch a bid on tightening supply and data-center demand while optical component suppliers give back gains, exposing a widening valuation gap inside the AI infrastructure chain.
Western Digital advanced sharply as investors reprice storage economics tied to AI workloads, while Coherent's post-earnings sell-off is being defended as justified on valuation — a sign the AI supply-chain trade is now discriminating between links.