Intel Corp (INTC)

[Saturn V]

Both revenue and earning are slipping at Intel vs TXN,

True in the short term. Intel had a spell of bad design execution with 86-x64 being held back on account of the Itanium, and the subsequent Prescott fumble. This was a problem which occurred 3-5 years ago, leading to poor financial results last year. The problems have been rectified. AMD took advantage of the Intel fumbles, but will have to retreat or find extremely deep pockets.

TI is looking good for the past year, but has its own execution problems which may affect its results downstream. The attractive cell phone and PC markets invite hungry competitors, and misteps can be disastrous.
http://www.eetimes.com/showArticle.jhtml;jsessionid=NYFVGEX0E4HRKQSNDLOSKHSCJUNN2JVN?articleID=19800...
TI revamps strategies to 'get back to roots'
As competition mounts and stock dips, DSP giant looks to regain 'agility'

03/19/2007 9:00 AM EDT)


San Jose, Calif. — Texas Instruments Inc.'s stock took a minor hit last week, despite an upbeat forecast, but it faces challenges far beyond its mercurial share price. Amid stinging losses of its baseband chip monopolies at Docomo, Ericsson and Nokia, the world's largest supplier of analog chips and digital signal processors is moving with a new sense of urgency to shake up its corporate culture and revamp its fab and product strategies.


With Infineon, Qualcomm, Renesas, STMicroelectronics and others having made alarming inroads into its prized accounts, TI (Dallas) hopes to become a more nimble competitor. "If I could put out one challenge to the 'TIers' in this room--and in front of the customers in this room--we have to find a way to get back to our roots in speed, agility and flexibility," Richard Templeton, TI's president and chief executive officer, urged in a presentation at the recent TI Developer Conference in Dallas. "Size is not an excuse, [though it's been] the one we use when we talk to people. We have to overcome that."


And it must do so sooner rather than later. TI is in no immediate financial danger, but "there is some leakage" in its wireless business that "could affect the company's business next year," said Will Strauss, president of industry watcher Forward Concepts Co. (Tempe, Ariz.).


As TI watched its stock price slip a notch last week, some of its peers--Analog Devices Inc., National Semiconductor Corp. and Qualcomm Inc.--were providing rosier first-quarter outlooks for the wireless sector. In a conference call with analysts concerning its midquarter forecast, TI took a positive spin, citing improved demand and pronouncing the inventory correction phase nearly over...........