Tuesday, June 06, 2006
Price war began after Intel's sell has dropped 52% since last year
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Intel has obviously given up on making any money on their current generation of processors and has started a price war with AMD,
We expect another profit warning from Intel, guiding Q2 sales to $7.9 billion versus a consensus of $8.4 billion, Diesen said in a note to clients. “After Intel stuffed the channels with chips in February and March, the floor fell out in April, and [PC processor] sales dropped 52 percent year-on-year,” he added.
``If you look at Intel today, it's hard to find a trace of the technology or the people that they spent more than $10 billion on,'' said Linley Gwennap, an analyst at the Linley Group in Mountain View.
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