Seagate, Western Digital tick higher AH on Intel's guidance hike

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

Seagate (STX) +0.8% AH and Western Digital (WDC) +0.9% after Intel hiked its Q2 and full-year guidance, while citing stronger-than-expected corporate PC demand.

Several other names with strong PC industry exposure are also up. Seagate's PC hard drive shipments fell by 400K Y/Y in the March quarter to 36.2M. Western's shipments fell by 1.5M to 38.4M.