Western Digital Corporation Q3 2026 Earnings Call Summary - Moby Strategic Performance and Market Dynamics Achieved gross margins of 50.5% by prioritizing high-capacity drive mix and the rapid adoption of UltraSMR technology among hyperscale customers. Identified a structural shift in data generation driven by agentic AI, which moves from answering questions to executing continuous workflows, materially extending data retention cycles. Attributed long-term demand growth to a 'compounding loop' wher ...