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Disappointing chip demand, coupled by an inability to simulate the market with price cuts, caused Intel to reduce its quarterly estimates. Worldwide demand for processor products is below previous expectations driven by lower than expected end demand, along with customer reductions in component inventory levels. Intel would take an inventory writedown in the third quarter...

The post Intel Lowers Q3 Expectations appeared first on VR-Zone.

Intel Lowers Q3 Expectations

Disappointing chip demand, coupled by an inability to simulate the market with price cuts, caused Intel to reduce its quarterly estimates. Worldwide demand for processor products is below previous expectations driven by lower than expected end demand, along with customer reductions in component inventory levels. Intel would take an inventory writedown in the third quarter...

The post Intel Lowers Q3 Expectations appeared first on VR-Zone.