Intel:
Link to presentation from Intel officers following the 4Q 2000 earnings warning. Flash is explicitly excluded from the revenue slowdown. An example is 9 minutes into the presentation:
intc.com
Previous guidance was: '"Looking ahead, we anticipate record revenue in the fourth quarter, with growth across most of our product lines," added Barrett. "We are especially pleased with the rapid growth in our server business, our record flash business, and our networking silicon business which surpassed our expectations in the third quarter.'
intc.com
AMD:
Link to press release from AMD for 4Q 2000 earnings warning. Again, flash is explicitly referred to: "...demand for its flash memory products remains strong and that it currently expects sales growth for flash memory products will somewhat exceed previous guidance for the quarter. The company further said that it has good visibility into future demand for flash memory products, which it expects will remain strong in 2001.":
amd.com
Previous guidance was: 'Sales growth was led by continuing extraordinary demand for AMD flash memory devices, whose sales more than doubled over the same period of 1999 and grew by 17 percent sequentially on record unit sales," said W.J. Sanders III, chairman and chief executive officer. "Demand for AMD flash memory products continues to exceed supply. Demand also continues to be broadly based, reflecting strength in cellular telephones, set-top boxes, automotive applications, Internet infrastructure products, and mobile Internet appliances.'
amd.com |
