Western Digital (WDC) Stock Near All-Time High as Nvidia Veteran Joins the Board

TLDR

• Western Digital has appointed Manuvir Das to its board of directors, effective May 26.
• Das previously served as Head of Enterprise Computing at Nvidia, leading enterprise AI strategy.
• He also held senior roles at Dell EMC and spent 14 years at Microsoft working on Azure.
• WDC stock is up over 900% in the past year, trading near its 52-week high of $547.
• Western Digital’s board now has nine directors, eight of whom are independent.

Western Digital (WDC) has added Manuvir Das to its board of directors, effective May 26, 2026. The company made the announcement Thursday morning.

Western Digital Corporation, WDC

Das brings a heavy résumé in enterprise tech. His most recent role was Head of Enterprise Computing at Nvidia, where he led the company’s enterprise AI strategy and launched the NVIDIA AI Enterprise software suite.

Before Nvidia, Das ran Dell EMC’s unstructured data storage business, overseeing the Isilon NAS and ECS Object platforms. He also spent 14 years at Microsoft, working on the development of Microsoft Azure.

Das currently serves as an Operating Partner in the Digital Infrastructure group at Stonepeak Partners LP, a role he took on in April 2025.

He holds master’s and doctoral degrees in Computer Science from the University of Wisconsin, and a bachelor’s in Computer Science and Engineering from IIT Bombay.

Western Digital Chairman Marty Cole was clear on why Das was the right pick. “His experience helping enterprises operationalize AI at scale, combined with his deep understanding of data infrastructure and storage, will be invaluable as WD continues building the infrastructure that makes AI possible,” Cole said.

A Stock on a Tear

WDC has been one of the market’s standout performers. The stock has surged more than 900% over the past year and was trading around $544 on Thursday, close to its 52-week high of $547. The company’s market cap has reached $183 billion.

That run has been fueled in part by growing demand for AI infrastructure, where Western Digital’s storage products play a central role.

With the addition of Das, Western Digital’s board now stands at nine directors. Eight of the nine are external and independent.

Recent Momentum

The board move follows a strong fiscal third quarter of 2026. Western Digital reported earnings per share of $2.72, topping the $2.36 forecast. Revenue came in at $3.34 billion, ahead of the $3.23 billion estimate.

Evercore ISI recently raised its price target on WDC to $575 from $410, maintaining an Outperform rating. The firm cited increased demand driven by AI.

Seventeen analysts have revised their earnings estimates upward in recent weeks.

Western Digital also announced the integration of post-quantum cryptography into its Ultrastar UltraSMR hard disk drives, using NIST-approved quantum-resistant algorithms.

The company entered exchange agreements with institutional investors to receive its own stock in exchange for Sandisk Corporation stock, with settlement expected in May 2026.

WDC was up 2.62% on Thursday, trading at $544.49.

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