Follow UsWhy Sandisk and Western Digital crashed 10% and what it means for bitcoin
Bearish-43.05%
6 Aug, 11:14
Source: CoinDesk
AI Summary
Western Digital shares fell 10% despite strong earnings, sparking speculation about capital rotation from AI-related stocks into Bitcoin and crypto assets.
Strong earnings from SanDisk and Western Digital were not enough to satisfy investors, raising questions about whether capital is beginning to rotate from AI winners into crypto.