After years of shrinking, the market for personal computers seems to be strengthening.
RBC's Amit Daryanani published a note Wednesday, arguing that recent data suggest some level of steadying. Specifically, Daryanani said that Seagate Technology, at the company's analyst meeting Wednesday, discussed firming PC demand.
Daryanani also heard similar comments from Avago Technologies and ASUS.
The market has been under real pressure. Worldwide shipments totaled 66.1 million units in the second quarter, according to research firm IDC. That represents a year-on-year decline of nearly 12 percent.
Some analysts argue that the PC market will not just stabilize, but actually receive a much-needed boost.
The bulls are pinning their hopes on Windows 10—Microsoft's new operating system—turning out to be a hit. There's also optimism about Intel's new Skylake chip, which is thinner, triples the battery life of a PC and is capable of starting in half a second.