Intel was halted and is releasing news that it is cutting 1st quarter guidance because of a chipset design error. Even though it raised full year revenue later but mentioned 1st quarter margin would come under pressure. I believe INTC would continue to see margin pressure as more cost efficient and lower priced chips from ARM Holdings continue to gain popularity. ARM processors are likely to find its way into servers next. ARMH is set to report earning tomorrow morning and it would be interesting to watch its progress.
Related posts:
