Seagate, Western Digital stocks are falling again on Tuesday: here's why

Impact · against what's priced in

The competition for TDK's magnetic-head unit and Toshiba's capacity expansion introduce structural supply-chain risks that threaten the pricing power and margins the market currently assumes for STX and WDC. While AI demand remains a tailwind, the potential for a component monopoly or increased third-party competition challenges the current valuation of the HDD duopoly.

STX−0.50

Challenges what's priced in

The price assumes