Jim Cramer Talked About These 12 Stocks and the Memory Shortage

6. Western Digital Corporation (NASDAQ:WDC)

Number of Hedge Fund Holders: 84

Western Digital Corporation (NASDAQ:WDC) is one of the stocks Jim Cramer talked about, along with the memory shortage. Cramer mentioned the stock while discussing the performance of the big players in the memory market, as he remarked:

How do you play the memory boom without chasing these data storage stocks? The four big players in the space, Micron, Western Digital, Seagate, just reported, and Sandisk. Each one tripled last year, and they keep running in 2026. Just since the beginning of the year, Sandisk has more than doubled. The other three are up anywhere from 35 to 50%. I don’t want to chase those. I don’t chase the storage memory plays because even though there’s a severe shortage of this stuff, thanks to the data center build-out.

Western Digital Corporation (NASDAQ:WDC) designs and supplies data storage solutions, including internal and external hard drives, portable drives, data center platforms, NAS systems, and related accessories. Night Watch Investment Management stated the following regarding Western Digital Corporation (NASDAQ:WDC) in its fourth quarter 2025 investor letter:

Western Digital Corporation (NASDAQ:WDC), a manufacturer of hard-disk drives, benefited from a large memory shortage driven by investments in AI data centers. The shares are up >200% since our purchase and we have been scaling down our position, given that memory cycles have historically been very short and very violent.