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AI Storage Demand Still Growing, Says WD CEO

Bloomberg Technology Thursday 06 August 2026, 17:56 UTC 1 min read
Key Points

Aug 6th, 2026 AI Storage Demand Still Growing, Says WD CEO Western Digital (WD) says the AI infrastructure buildout is creating sustained demand for data storage, even as investors reacted to a softer near-term outlook. CEO Irving Tan joins Bloomberg to explain why hyperscaler demand remains strong and how the company is increasing hard drive capacity. He says long-term supply agreements suggest AI's storage needs will continue to grow well into the next decade.

Aug 6th, 2026 AI Storage Demand Still Growing, Says WD CEO Western Digital (WD) says the AI infrastructure buildout is creating sustained demand for data storage, even as investors reacted to a softer near-term outlook. CEO Irving Tan joins Bloomberg to explain why hyperscaler demand remains strong and how the company is increasing hard drive capacity. He says long-term supply agreements suggest AI's storage needs will continue to grow well into the next decade. He joins Ed Ludlow on "Bloomberg Tech."
AI Storage Demand Still Growing (ORG) WD (ORG) Western Digital (ORG) AI (ORG) Irving Tan (PERSON) Bloomberg (PERSON) Ed Ludlow (PERSON) Bloomberg Tech (ORG)
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