<< Read Full Article
<< Read Full Article
Semiconductor Winners & Losers: Intel
NEW YORK -- Deteriorating conditions in the PC market in Asia are hurting companies that make computer chips, analysts said on Wednesday, on the same day research firm IDC said it expects U.S. computer shipments to decline next year because of the economic crisis.
Intel (INTC Quote) is the world's biggest maker of PC microprocessors, with about 80% of the global market. Rival Advanced Micro Devices(AMD Quote) makes most of the rest.
On Wednesday, Robert W. Baird analyst Tristan Gerra lowered his fourth- and first-quarter revenue estimates for Intel, citing declining notebook demand in Asia. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,300.48 | 1,089.90 | 2,128.90 | 32.22 |
Oil *
77.63
|
|
DOWN
9.44
|
DOWN
1.59
|
DOWN
9.54
|
DOWN
0.09
|
10 Yr
3.22%
SPDR Gold
115.01
|
|
-0.09%
|
-0.15%
|
-0.45%
|
-0.28%
|
Data delayed 20 minutes |
Connect with TheStreet