Wednesday, May 20, 2015 7:47:24 AM
_______________________________________
PC industry stocks slide as Intel tempers Windows 10 expectations
May 19 2015, 12:11 ET | About: Intel Corporation (INTC) | By: Eric
Jhonsa, SA News Editor Contact this editor with comments or a news tip
FBR's Chris Rolland, after talking with Intel (INTC -1.2%) IR chief Gary Willihganz: "While excess PC inventory dynamics were well known exiting 2014, we believe many investors did not expect additional PC inventory drain into the Win10 release. Intel was careful to explain these nuanced inventory dynamics, which we believe may have also been a contributor to the weaker-than-expected ODM shipments witnessed in April."Rolland adds that while Intel "expects inventory replenishment in 2H15 around the Win10 release, it was careful to temper expectations for a surged uptick in demand." A Q1 CC remark from AMD CEO Lisa Su suggested Windows 10 (NASDAQ:MSFT), whose Start menu and enterprise-friendly features could help boost industry demand, will launch in late July.
Also: Morgan Stanley says it's cautious on PC names in the near-term (moreso on chipmakers than other firms) given soft Q2 PC/hard drive inventory builds and weak April sales from ODMs. It sees normal seasonal growth following a rough Q1, and doesn't expect a recovery occurring before Q3.Micron (MU -2.1%), Seagate (STX -3.3%), and Western Digital (WDC -1.5%) are lower on a day the Nasdaq is near breakeven. Micron, which is close to its 52-week low, fell on Friday after Nomura cut estimates on PC DRAM pricing fears. Microsoft is down 0.7% after factoring its dividend payment (shares are trading ex-dividend today).
____________________________________
http://seekingalpha.com/news/2533076-pc-industry-stocks-slide-as-intel-tempers-windows-10-expectations
MU
Recent MU News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 11:00:40 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/09/2024 10:09:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 11:01:15 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/07/2024 08:38:05 PM
- Micron Technology Announces Upcoming Investor Events • GlobeNewswire Inc. • 05/07/2024 08:01:00 PM
- Micron Delivers Crucial LPCAMM2 with LPDDR5X Memory for the New AI-Ready Lenovo ThinkPad P1 Gen 7 Workstation • GlobeNewswire Inc. • 05/07/2024 01:01:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/06/2024 08:04:50 PM
- Micron First to Ship Critical Memory for AI Data Centers • GlobeNewswire Inc. • 05/01/2024 01:02:00 PM
- BHP Bids $38.8 Billion for Anglo American; Biden Unveils Historic Micron Technology Deal, and More News • IH Market News • 04/25/2024 11:48:40 AM
- Micron, Biden-Harris Administration, U.S. Senate Majority Leader Schumer Announce $6.1B in CHIPS and Science Act Funding for Historic Planned Investment in Domestic Leading-Edge Memory Manufacturing in Idaho and New York • GlobeNewswire Inc. • 04/25/2024 09:10:00 AM
- Apple to Invest $250 Million in Singapore Expansion, Oracle Commits $8 Billion to Japan Infrastructure, and More News • IH Market News • 04/18/2024 11:11:52 AM
- Micron First to Production of 200+ Layer QLC NAND in Client and Data Center • GlobeNewswire Inc. • 04/16/2024 01:02:00 PM
- Micron’s Full Suite of Automotive-Grade Solutions Qualified for Qualcomm Automotive Platforms to Power AI in Vehicles • GlobeNewswire Inc. • 04/10/2024 06:00:00 AM
- Micron Debuts World’s First Quad-Port SSD to Accelerate Data-Rich Autonomous and AI-Enabled Vehicle Workloads • GlobeNewswire Inc. • 04/09/2024 06:00:00 AM
- Micron Provides Update Following Earthquake in Taiwan • GlobeNewswire Inc. • 04/03/2024 12:30:00 PM
- Dow, S&P 500 Give Back Ground But Nasdaq Inches Higher • IH Market News • 04/01/2024 08:58:32 PM
- U.S. Stocks Pull Back Well Off Best Levels But Closely Mostly Higher • IH Market News • 03/21/2024 08:34:43 PM
- Apple Pre-Market Drop Due to Antitrust Threats, Surprising Profit Boosts Micron Shares, and Latest Market Updates • IH Market News • 03/21/2024 11:17:26 AM
- Micron Surges on Unexpected Profit, Five Below and Guess Report Mixed Results • IH Market News • 03/21/2024 09:18:02 AM
- Micron Technology, Inc. Reports Results for the Second Quarter of Fiscal 2024 • GlobeNewswire Inc. • 03/20/2024 08:06:29 PM
- U.S. Index Futures Trade Sideways Amid Anticipation of Fed’s Policy Update; Oil Prices Dip • IH Market News • 03/20/2024 11:17:32 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/11/2024 08:29:16 PM
- Micron Appoints Robert Swan to its Board of Directors • GlobeNewswire Inc. • 03/11/2024 08:01:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/08/2024 09:16:59 PM
- Futures Turn Positive Following Monthly Jobs Report • IH Market News • 03/08/2024 02:03:54 PM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM