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Taking Stock: Investors fear PC industry has built too much inventory in anticipation of Windows 7

 VLSIresearch
  20th-Oct-2009
Description: Chipmaking stocks finished the week on a mixed note, despite stronger-than-expected quarterly results from reporting companies. Nearly all chip and equipment companies that reported their third quarter earnings this week breezed past analysts’ estimates. However, investors got the cold feet after AMD commented in its post-earnings conference call that it expects Q4 revenue to grow less than the normal seasonal growth due to “the big build we’ve seen of PCs in anticipation of the Win 7 launch.”
Views: 1994
Domain: Electronics
Category: Business
Contents:
Taking Stock: Chipmaking stocks finished the week on a mixed note, despite stronger-thanexpected quarterly results from the reporting companies. Nearly all chip and equipment companies that reported their third quarter earnings this week breezed past analysts' estimates. However, investors got the cold feet after AMD commented in its post-earnings conference call that it expects Q4 revenue to grow ... See more

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