They're a complete anomaly in the chip sector.
They're a complete anomaly in the chip sector.
A lot of the good news is already baked into the share price. We'd be on the sidelines and wouldn't put fresh money into Intel.
They have been moving toward just-in-time style of production, so I'm sure that led to the shortfall.
The Street was expecting 4 billion, so on the capital spending front it was a disappointment.
Frankly, a lot of semiconductor stocks are priced to perfection and in the absence of really positive news, the stocks are a little overdue for a pullback.
At that time, we look for DRAM pricing to stabilize. We believe that the company will meet or beat our fourth-quarter revenue and EPS estimates of 2.35 billion and 93 cents a share.
We've really come off a week or so of terrible performance in the Nasdaq. It's just really grasping at any hint of positive news to find a little bit of a rally.
© 2020 Inspirational Stories
© 2020 Inspirational Stories