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Technology Stocks : Intel Corporation (INTC)
INTC 36.08-3.2%Dec 17 3:59 PM EST

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To: Yousef who wrote (168899)7/31/2002 1:31:54 PM
From: Gary Kao  Read Replies (1) of 186894
 
Intel Screws AMD and NVidia!
I'm surprised no one on this board has mentioned this choice news item from yesterday. Nvidia reveue debacle due in large part to its mistaken faith in AMD...see the following news item from News.com....when will these guys ever learn...you don't mess around with a 800 lb. Chipzilla!

>>Nvidia warns of revenue slump
By David Becker
Staff Writer, CNET News.com
July 30, 2002, 2:40 PM PT

Graphics chip maker Nvidia lowered financial forecasts for its second quarter, blaming an
ongoing slump in PC sales.
The company also wound up with an excess of nForce products--integrated chipsets that combine a
PC chipset with a low-end graphics processor--after Intel dumped a load of Celeron processors on
the market. That changed demand for low-end PCs, in turn dampening demand for systems that use
nForce in conjunction with Advanced Micro Device's Athlon processor. "We were expecting several
high-profile Athlon-based PC ramps in the quarter that didn't happen," Huang said.
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