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Western Digital runs out of HDD capacity: CEO says massive AI deals secured, price surges ahead
(www.tweaktown.com)
This is a most excellent place for technology news and articles.
Circumstances will be different, and the problems may manifest differently, but it will still be very bad for workers. When those companies are forced to realize that they threw away a decade of profits on nothing, they will make up for it by closing locations, and firing lots of people. Those businesses that don't fold up entirely, that is.