The company now appears ready to plough billions into its memory and display suppliers to guarantee supplies and keep its costs down.
Western Digital stock could climb to $100 if it's able to buy Toshiba's flash business, Jim Cramer says. Another buyer has emerged, though, so the once assumed purchase for WDC may not come to fruition.
A drawn-out legal battle over the sale of Toshiba's giant flash memory unit would hurt both parties.
Cramer reflects on why keeping cash on hand is a good thing and also explores the lack of any conviction to the downside.
Cramer says this is not the end of the selloff. That's why you should be mentally and financially ready for panic moves -- and opportunities.