{"id":989875,"date":"2026-02-05T08:00:54","date_gmt":"2026-02-05T02:30:54","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=989875"},"modified":"2026-02-05T08:21:40","modified_gmt":"2026-02-05T02:51:40","slug":"western-digital-adds-4-billion-to-buyback-plan-as-ai-boosts-memory-chip-sales","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/05\/western-digital-adds-4-billion-to-buyback-plan-as-ai-boosts-memory-chip-sales\/","title":{"rendered":"Western Digital adds $4 billion to buyback plan as AI boosts memory chip sales"},"content":{"rendered":"<p>Western Digital said \u200don Tuesday its board has approved $4 billion \u2060more for share repurchases, as demand for its memory chips used in \u200cartificial intelligence servers \u200csurges. <\/p>\n<p>Its shares rose about 5% in \u200cpremarket trading, adding to a 57% jump this year. The shares had more than tripled in value last year. <\/p>\n<p>A global shortage of memory chips has \u200cintensified competition \u200damong AI and consumer \u200delectronics companies for limited supplies, driving \u200cup prices and extending lead times as manufacturers struggle to ramp up capacity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Western Digital said \u200don Tuesday its board has approved $4 billion \u2060more for share repurchases, as demand for its memory chips used in \u200cartificial intelligence servers \u200csurges. Its shares rose about 5% in \u200cpremarket trading, adding to a 57% jump this year. The shares had more than tripled in value last year. A global shortage of memory chips has \u200cintensified competition \u200damong AI and consumer \u200delectronics companies for limited supplies, driving \u200cup prices and extending lead times as manufacturers struggle to ramp up capacity.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-989875","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/989875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=989875"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/989875\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=989875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=989875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=989875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}