Coming soon: Intel's new generation of processors
Intel Corp will tout a new generation of processors next week that
consume less power, hoping to reinvigorate a stagnant personal computer
industry and soothe increasing concerns about its growth.
Wall Street is reassessing its outlook for the top chipmaker after
Hewlett-Packard Co Inc warned last month of weak demand for PCs.
At least eight analysts have reduced their revenue estimates for the
dominant PC chipmaker since August 23,
pointing to poor economies in Europe, the United States and China, as well as the growing popularity of mobile gadgets.
"The risk of a (negative) preannouncement is extremely high at this point," said Patrick Wang, an analyst at Evercore Partners. "I think the supply chain is reeling at the elevated levels of inventory out there."
The top chipmaker is banking on Microsoft Corp's much anticipated launch of its Windows 8 platform in October to help slow the growing numbers of consumers buying smartphones and tablets instead of personal computers.http://vuarmy.blogspot.com/
Intel Corp will tout a new generation of processors next week that
consume less power, hoping to reinvigorate a stagnant personal computer
industry and soothe increasing concerns about its growth.
Wall Street is reassessing its outlook for the top chipmaker after
Hewlett-Packard Co Inc warned last month of weak demand for PCs.
pointing to poor economies in Europe, the United States and China, as well as the growing popularity of mobile gadgets.
"The risk of a (negative) preannouncement is extremely high at this point," said Patrick Wang, an analyst at Evercore Partners. "I think the supply chain is reeling at the elevated levels of inventory out there."
The top chipmaker is banking on Microsoft Corp's much anticipated launch of its Windows 8 platform in October to help slow the growing numbers of consumers buying smartphones and tablets instead of personal computers.http://vuarmy.blogspot.com/
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