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Friday, Jan 18
Intel (INTC -6.3%) is getting battered due to the Q1 guidance and 2013 capex forecast provided...
Intel (INTC -6.3%) is getting battered due to the Q1 guidance and 2013 capex forecast provided with its Q4 report, and is taking AMD (AMD -6.4%) along for the ride. FBR: "Investors worry about stagnant or shrinking unit shipments while Intel simultaneously ramps capacity spending meaningfully." The firm thinks Intel's spending could increase its annual depreciation by $4B, producing an 800 bps hit on gross margin. Also, many analysts are skeptical about Intel's full-year revenue forecast. NVDA -1.2%. (transcript)