Coming Tomorrow: PC-Related Tech Rally?

The big earnings surprise from Intel (INTC) Tuesday afternoon has set up the market for a robust PC-related tech stock rally tomorrow. Intel dramatically beat estimates for the second quarter and provided stronger-than-expected Q3 guidance. The company sees particular strength in the consumer PC business and the server sector, with weaker demand in enterprise PCs.

Here’s a quick look at some of the Intel-propelled after-hours trading moves:

• Intel: up $1.23, or 7.3%, to $18.06.


• Advanced Micro Devices (AMD): Up 21 cents, or 5.9%, to $3.76.


• Microsoft (MSFT): Up 61 cents, or 2.6%, to $23.72.


• Hewlett-Packard (HPQ): Up 96 cents, or 2.6%, to $38.10.


• Nvidia (NVDA): Up 39 cents, or 3.6%, to $11.10.
  
  


• Apple (AAPL): Up $2.41, or 1.7%, to $144.68.
  
  


• Western Digital (WDC): Up 52 cents, or 2%, to $26.80.

Keep in mind that enterprise demand is still weak; note the warning from Sun Microsystems (JAVA) this morning and another from 3Par (PAR) this afternoon.