PC market slackness that was hinted at by Advanced Micro Devices Inc., when it preannounced last week, has been confirmed by a new report that showed a sharp decline in shipments in the third quarter. What Happened Worldwide PC shipments plunged 19.5 percent year-over-year in the third quarter, preliminary results released by market research firm…
PC Shipments See Record Plunge in Q3—What That Means for Apple, AMD, Intel and Others
IDC Highlights Weak PC Market, Apple Being the Only Exception
Declines continued for the traditional PC market as global shipments totaled 74.3 million units during the third quarter of 2022, the International Data Corporation disclosed. Cooling demand and uneven supply have contributed to a year-over-year contraction of 15.0 percent. However, shipment volumes remained well above pre-pandemic levels when commercial refreshes largely drove PC volumes due…
Yet Another Analyst Sees Slowdown in PC Shipment Causing Headwind for Intel
April 15, 2022
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Citi analyst Christopher Danely saw Intel Corp. experience some headwinds as PC shipments fell below Citi’s estimates. Danely had a Neutral rating and a $55 price target on Intel (18.1 percent upside). Danely observed that March notebook shipments were up 33 percent month-over-month, missing the targeted 42 percent growth. For Q1, shipments fell 20 percent quarter-over-quarter, missing the 18…
Micron Sees Dip in Chip Demand as PC Makers Face Parts Shortages
Micron Technology Inc., forecast current-quarter revenue below analysts’ expectations and warned that shipments for its memory chips were set to dip in the near term as its customers making personal computers face shortages of other parts. Shares of the Apple Inc-supplier, which also said it was experiencing shortages within its own supply chain for some…
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