Salomon Smith Barney's
Jonathan Joseph cut his first-quarter and full-year earnings view on chipmaker
, citing slowing sales.
Joseph cut his first-quarter earnings-per-share outlook to 30 cents from 35 cents and his 2001 earnings-per-share estimate to $1.25 from $1.42. And, the chipmaker's first-quarter revenue outlook was reduced to $7.86 billion from $8.73 billion.
trimmed Intel and other chipmakers' 2001 earnings-per-share estimates. Intel's 2001 earnings estimate was taken down to $1.41 a share from $1.56.
Advanced Micro Devices
was lowered to $2.43 from $2.66;
was lowered to $2.39 from $2.58;
was trimmed to $1.41 from $1.48; and
was cut to $1.40 from $1.61.