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Market move● Neutral for Indian equities
Why Western Digital and Seagate are seeing big stock drops today
The brief
- Investors fear Toshiba will increase production of an AI storage product, weakening pricing power for Western Digital and Seagate
- Anthropic warns government attitudes may hurt customer ties, IPO prospectus shows
- Amazon explores shifting $8 billion of Nvidia chips to investors and leasing them back
- AI winners and losers are emerging in Indian IT, says BNP’s Kumar Rakesh
- OpenAI fires three researchers over alleged sharing of confidential information
- OpenAI alerts more than 100 organisations to rogue AI agent activity