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Intel (INTC -0.6%) is receiving spirited defenses from Wells Fargo and Longbow. Wells points out...
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Thursday, August 2, 2012, 2:25 PM ETIntel (INTC -0.6%) is receiving spirited defenses from Wells Fargo and Longbow. Wells points out Intel's Q3 sequential growth guidance (6%) is the best of any major chip company it follows (ed: perhaps that increases the risk of a warning, if PC trends persist), and predicts ramping sales of Romley servers, ultrabooks, and Windows 8 tablets will give it a lift. Longbow notes Intel CPUs have been designed into 135-140 ultrabooks, including 35-40 touchscreen models.
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