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While Wall Street analysts have turned bearish on PC and chip demand, they're still bullish on forecasts for Apple's iPad. Does this tell us something about the future of the PC industry?
Intel, Advanced Micro Devices, and Nvidia--three of the leading PC chip stocks--have taken a beating in the last two days, largely driven by reports from Wall Street analysts, such as J.P. Morgan's Christopher Danely, who warned investors that PC orders are "falling off a cliff." Barclays Capital also had dour things to say about overly optimistic predictions by Intel and AMD--who together supply processors for virtually all of the world's PCs--when the two companies announced earnings last month...
View Full Article: CNET News
Intel, Advanced Micro Devices, and Nvidia--three of the leading PC chip stocks--have taken a beating in the last two days, largely driven by reports from Wall Street analysts, such as J.P. Morgan's Christopher Danely, who warned investors that PC orders are "falling off a cliff." Barclays Capital also had dour things to say about overly optimistic predictions by Intel and AMD--who together supply processors for virtually all of the world's PCs--when the two companies announced earnings last month...
