Seagate's (STX +3.8%) guidance hike, which includes optimistic shipment forecasts for the March...

|About: Seagate Technology (STX)|By:, SA News Editor

Seagate's (STX +3.8%) guidance hike, which includes optimistic shipment forecasts for the March quarter, is providing a lift to archrival Western Digital (WDC +4.4%), as well as flash memory vendors OCZ Technology (OCZ +5.7%) and Fusion-io (FIO +5.4%). Intel (INTC +1.4%), Nvidia (NVDA +1.1%), and AMD (AMD +2.1%) might also be getting a boost, given Seagate's importance to the PC industry.