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There have been no major regulatory actions against companies for violating the expanded Huawei FDPR despite evidence of numerous violations. This failure to enforce export controls undermines U.S. national security and foreign policy objectives.
WDC earnings call for the period ending December 31, 2021.
10.12.2021 - Western Digital Corporation (NASDAQ: WDC) (“Western Digital” or the “Company”) today announced the closing of its underwritten public offering of (i) $500,000,000 aggregate principal amount of 2.850% senior unsecured notes due 2029 and (ii) ...
Despite the crypto's falling price on June 10, 2021, 6:55 TL;DR: Cryptocurrency Chia has caused demand for hard disk drives to skyrocket in Europe. As many feared when it launched, this has resulted in shortages and increasing prices, forcing Seagate and Western Digital to ramp up production of their HDDs. The Chia blockchain uses a "proof of space and time" model instead of "proof of work" (Bitcoin) or "proof of stake" (Etherium 2.0), meaning people can farm the crypto by allocating their unused disk space. It's already led to a 500% increase in Adata SSD sales and warr...
ExtremeTech Chia Demand Is Driving HDD Sales, Keeping Seagate’s Factories Full By Joel Hruska on June 10, 2021 at 2:15 pm This site may earn affiliate commissions from the links on this page. Terms of use. The cryptocurrency Chia has had a significant impact on the hard drive market. SSD demand doesn’t seem to have risen the same way, but both Western Digital and Seagate are reporting significantly higher demand. That’s according to executives from both companies, who spoke at a pair of separate events. Seagate CFO Gianluca Romano presented at the Bank of America Merri...