RealTime IT News

Rising Demand to Boost Intel, AMD Earnings

With high demand continuing to strain the supply of parts, Intel and AMD appear poised to report solid balance sheets for the second quarter, a period that's been historically weak for the chipmakers.

That imbalance between supply and demand also bodes well for the two chip giants heading into the second half of the year, according to an analyst with Gleacher & Co., who has a far more bullish forecast for Intel and AMD than the rest of the Street as they plan to report earnings next week. Hardware Central takes a look at the numbers.


PC demand in the second half of the year looks very strong, and coupled with continuing product shortages, it should be a good second quarter and second half of the year for the two dominant CPU vendors, Intel and AMD.

Intel (NASDAQ: INTC) is due to report its second-quarter earnings on July 13, while AMD (NYSE: AMD) will follow on July 15. The second calendar quarter has historically been the slowest one for the chipmakers, but this year could be different.

Read the full story at Hardware Central:
High Product Demand Bodes Well for Intel, AMD Earnings