AMD strictly moderated (AMD)

[imho]

wbmw,

They actually made a very good story about inventories. They said they loved being lean, and that they are trying to see how lean they can get.

What you say is true, when applied to units. Inventories are a difficult datapoint to use to prognosticate. There are a number of issues and special cases, as you mentioned, like EOL and ramping up of products. Suffice it to say, given the tone of the CC, the issue is not clear to me, though it could be a non-event.

IMHO