Intel Corp (INTC)

[techno_bull]

It felt a little tight in there yes but nothing new was really exposed except that DCG may not be the godsend it was purported to be during last quarter's report. But on the upside, their confidence on 14nm in Q1 was definitely there so that was good.

It's safe to say this wasn't that first call where BK could stand up and 'beat' EPS expectations for four consecutive quarters but perhaps Q1 was really too early to expect them to be jumping over the new lowered bar set back at the analyst day. I think it was good enough to wait for Q2. I'll start to worry if PC client and DCG revenue continue to stay flat or fall any further after Q2 (other than seasonality).