While Seagate (STX -0.5%) and Western Digital (WDC +1.1%) outperformed following Seagate's...

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

While Seagate (STX -0.5%) and Western Digital (WDC +1.1%) outperformed following Seagate's warning, hard drive controller chip supplier LSI (LSI -5.3%) had a rough day. Seagate's remarks about a "supplier quality issue" affecting enterprise hard drive shipments might be worrying investors. Raymond James' Hans Mosesmann is defending LSI, arguing Seagate's 9% Q/Q shipment growth suggests LSI will be able to meet Q2 and Q3 estimates.