Here are some of the key numbers investors should watch.
Read: Will AI do to Nvidia what the dot-com boom did to Sun Microsystems? Analysts compare current hype to past ones. Meanwhile, Intel last week posted PC-group sales of $6.8 billion, a decline of 12% from a year ago, while analysts had estimated $6.08 billion; and a 15% decline in data-center sales to $4 billion, while analysts had forecast $3.8 billion.
Plus, Intel’s data-center forecast wasn’t great, as the company indeed acknowledged some shift in spending away from CPUs and toward GPUs. Other themes coming out of Intel’s report included enterprise digestion and slow China sales, noted Susquehanna Financial analyst Christopher Rolland in Monday research. That doesn’t bode well for AMD data-center business.
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Source: Forbes - 🏆 394. / 53 Read more »