Replies to post #137821 on Intel Corp (INTC)

[ibc]

ON Semiconductor CEO debunks Intersil

http://seekingalpha.com/article/2621635-on-semiconductors-onnn-ceo-keith-jackson-on-q3-2014-results-earnings-call-transcript?part=single

Vivek Arya - BofA Merrill Lynch, Research Division
Got it. And you mentioned that computing could be down in Q4 due to normal seasonality. Are you seeing any weakness beyond normal seasonality in PCs? Because a different vendor was implying big order cards and excess inventory of components prior to PCs and I was curious what you are seeing.

Keith D. Jackson - Chief Executive Officer
We saw their comments. We think the market is extremely normal in seasonality and will be down in the very low single digits quarter-on-quarter.

[VeeCee]

It is very normal. These companies make power management and or discrete ICs. Every OEMs has multiple discrete vendors on its approved vendor list and these can be easily substituted without any redesign efforts. And I think that is happening. Intersil loosing shares to TI and others.
That is why Intel stock came back at the close or AH.