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INTC Market Currents
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10:28 AM For whom the Dell tolls: As the IT giant's FQ1 miss and commentary lead to a tech selloff, PC-related names get hit harder than most, no doubt thanks to the 10% drop seen in Dell's (DELL -15.8%) notebook sales. Rival H-P (HPQ -4.4%), due to report this afternoon, is among the biggest losers. Also selling off: INTC -3.1%. MSFT -3.2%. AMD -3.1%. LOGI -3.3%. (more on DELL)
3 Comments[Tech, On the Move]
- Tuesday 5:36 PM During its FQ1 earnings call (webcast), Dell admits its 10% Y/Y drop in notebook sales had much to do with tablet cannibalization (more with consumers, but also among businesses). Dell also claims price competition (especially in emerging markets) hurt PC sales, and an inefficient sales structure affected enterprise sales. Also, it adds April was particularly weak, and some enterprises are delaying IT purchases. DELL -12% AH. HPQ -2.5%. INTC -1.1%. (presentation - PDF). [Tech, Earnings, On the Move]
- Tuesday 12:19 PM In tandem with Windows 8's fall launch, AMD is planning to release a new low-voltage CPU line, codenamed Hondo. Though based on an older 40nm manufacturing process, Hondo chips will consume only 4W-5W of power, making them rivals to Intel's (INTC) upcoming Clover Trail CPUs. AMD's Trinity CPU line, released last week, has been praised for its battery life gains, though commentary about its performance has been muted. [Tech]
- Monday 10:24 AM Nvidia (NVDA) rolls out a line of low-end graphics processors - the GeForce GT 610, GT 620, and GT 630. Unlike recently-launched high-end products, the chips aren't based on Nvidia's cutting-edge 28nm Kepler architecture, but on its older 40nm Fermi architecture. The chips could face stiff competition from the graphics processors built into Intel's Ivy Bridge and AMD's Trinity CPUs. [Tech]
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at CNBC.com (Wed, 6:22PM)
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at CNBC.com (Wed, 5:26PM)
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at MarketWatch.com (Wed, 5:05PM)
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at MarketWatch.com (Wed, 3:35PM)
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at MarketWatch.com (Wed, 2:47PM)
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Company Description
We are the world’s largest semiconductor chip maker, based on revenue. We develop advanced integrated digital technology products, primarily integrated circuits, for industries such as computing and communications. Integrated circuits are semiconductor chips etched with interconnected electronic... More