SAN FRANCISCO (AFX) -- The broader technology gained overall on Wednesday, adding to a big run-up the previous session, though shares of computer hardware firms mostly fell.
The Goldman Sachs Hardware Index fell more than 5 points, sparked by big declines from hard disk-drive makers Seagate Technologies, Western Digital Corp. and Maxtor Corp.
Seagate shares fell over 6% as its outlook spooked investors. After Tuesday's closing bell, the company reported its latest profit rose 20% as sales climbed 16%.
Broadly speaking, the tech-heavy Nasdaq Composite Index added nearly 15 points after recorded its best one-day performance in nearly a year in the prior session.
The Philadelphia Semiconductor Index jumped nearly 2%.
Declines came from tech giants Apple Computer Inc., International Business Machines Corp., Hewlett-Packard Co. , and Cisco Systems Inc.
After the closing bell, Apple and Intel Corp. reported their latest financial results.
Intel, the world's largest chipmaker, also released results after the closing bell. This story was supplied by MarketWatch. For further information see www.marketwatch.com.