Intel revenue hit by chipset issues
Intel has narrowed its 4th quarter revenue forecasts, following chipset production limitations.
Quote:
The narrowing of the fourth-quarter revenue forecast toward the mid-range of Intel’s original guidance was expected by most analysts, with Bank of America explaining that Intel had a relatively lackluster month in October. According to a recent report from the equity firm, Intel has faced capacity constraints on its chipset production, which in turn has affected the company’s CPU sales.
With the PC market performing better than Intel expected this year, the chip giant has been forced to source chipsets from ATI Technologies in order to maintain its supply of entry-level PCI Express (PCIe) motherboards. However, the company was not able to ramp production until after October.
[Digi Times]
