We're just not seeing the demand pickup we'd like to see, and we hit a wall on some of the cost savings we were driving for.
More Quotes from Andy Bryant:
Revenues turned the corner and were up slightly from last year, driven by significant year-to-year growth in the Intel architecture business,Andy Bryant
What we're trying to do is win back market segment share at the low end, and we did that in the first quarter. You'll see us continue to compete very aggressively. On the other hand, you won't see us lowering prices more than we need to to win the business.
Andy Bryant
Competition is pretty fierce out there right now.
Andy Bryant
We are well way to meeting our 2001 target of 7.5 billion in capital spending having deployed just under two-thirds of this in the first half. The bulk of these dollars have gone to new technologies that enable us to make products at higher volumes with lower overall unit costs and higher performance.
Andy Bryant
We're sold out on chip sets. I think chip sets will remain tight into the fourth quarter.
Andy Bryant
Growth is led by mobile computing with good demand for our mobile processors in all geographies.
Andy Bryant
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