Intel Corp (INTC)

[SemiconEng]

Mike Mageek..... Reports Fairly

I know, I know, I could hardly believe it myself. Who would have thought, Mike Mageek detecting a trend that apparently so far has eluded the Droids.


http://www.theinquirer.net/?article=18236
Intel warns chip sales below expectations
The third quarter should be a strong quarter for firms like Intel, but the remarks by the chip firm suggest that PC sales are not as buoyant as it had hoped.

Although it did not specify which particular components weren't selling as well as it expected, we do detect a trend here. Sales of DRAM and sales of other components such as LCDs have flagged for some months now.

Further, notebook manufacturers in Asia have reported weaker than expected sales in their own quarterly reports. And Nvidia reported sales were down for its last quarter.

Grantsdale may also have had an effect on Intel sales, as there were delays bringing it to the market and to the channel. On the 22nd of August, Intel drastically cut prices on its desktop processors, but it's too early to see if that will significantly spur demand. µ