intel: HPQ, 1.47% and Dell Technologies Inc, according to Market Watch. DELL, -3.64% both admitted Tuesday that they expect a negative impact on their future results as a result of chip shortages for which Intel apologized last week. HP Inc. Dell laid bare that the chip giant's shortages have gotten worse, an issue that was not clear in the apology, since Intel INTC, -0.79% reiterated its stronger-than-expected guidance for the fourth quarter. Dell cut its forecast for fiscal 2020, which includes two months in the current calendar fourth quarter, typically the industry's busiest quarter of the year, thanks to holiday shopping. Intel CPU shortages have worsened quarter-over-quarter, the shortages are now impacting our commercial PC and premium consumer PC Q4 forecasted shipments, Dell Vice Chairman Jeff Clarke said in an earnings conference call Tuesday afternoon.
(news.financializer.com). As
reported in the news.
Tagged under intel, quarter topics.