Western Digital Corporation makes data storage products, including hard disk drives and flash-based storage devices, used in data centers, personal computers and consumer electronics. Its hard disk drives remain a significant storage technology for large-scale data centers, where the lower cost per gigabyte of hard drives compared to flash storage makes them well-suited for storing massive volumes of data that don't require the fastest possible access speeds. Western Digital's flash storage business supplies solid-state drives and flash memory chips used in faster-performing storage applications, including personal computers, smartphones and other consumer electronics where speed matters more than storage capacity per dollar. The company's revenue is tied to overall data storage demand growth, driven by increasing data generation from cloud computing, artificial intelligence workloads and consumer electronics, along with periodic pricing cycles in the memory and storage chip industry that affect both its costs and selling prices.