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Traders chased the move. Long term holders are staring at a very different picture.\nQuarterly revenue reached US$54.2b and basic earnings per share hit US$33.36, both far above where Micron sat just a few quarters ago. The emotional pull is the sharp move in a high profile semiconductor stock. 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Stock Underperforms Thursday When Compared To Competitors Despite Daily GainsThis article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Western Digital Corp.  rallied 1.78% to $462.56 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index  rising 0.19% to 7,666.45 and the Dow Jones Industrial Average  rising 0.04% to 50,926.56.This was the stock's third consecutive day of gains.Western Digital Corp. closed 42.17% short of its 52-week high of $799.87, which the company reached on June 18th.The stock underperformed when compared to some of its competitors Thursday, as Seagate Technology Holdings PLC  rose 2.52% to $945.57 and NetApp Inc.  rose 2.37% to $215.05.Trading volume  remained 1.1 million below its 50-day average volume of 7.2 M.Data source: Dow Jones Market Data, FactSet. 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Update: Tech Stocks Gain Thursday Afternoon","url":"https://stock-news.laohu8.com/highlight/detail?id=2672769604","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672769604?lang=en_us&edition=fundamental","pubTime":"2026-10-02 01:42","pubTimestamp":1790876552,"startTime":"0","endTime":"0","summary":"Tech stocks were higher Thursday afternoon, with the State Street Technology Select Sector SPDR ETF  rising 1.2% and the State Street SPDR S&P Semiconductor ETF  up 1.8%.The Philadelphia Semiconductor index added 2%.In corporate news, Accenture  reported stronger-than-expected fiscal Q4 results on Thursday, and it forecast earnings and revenue in the ongoing fiscal year to rise annually. Its shares jumped 18%.Micron Technology  late Wednesday provided a fiscal Q1 outlook above Wall Street's estimates and reported stronger-than-expected Q4 results amid rising memory prices. Micron shares rose 1.4%.Broadcom  has agreed to lend Amazon-backed  Anthropic up to $42 billion to finance infrastructure spending under a partnership covering chip supply, equipment leasing and financing, Reuters reported, citing Anthropic's IPO prospectus documents. 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