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Chip stocks are outperforming a little following ARM's (ARMH +11.6%) pleasing Q3 report (I, II),...

Chip stocks are outperforming a little following ARM's (ARMH +11.6%) pleasing Q3 report (I, II), in which the company reported a 16% Y/Y increase in Q2 unit shipments (from which Q3 royalties were derived). Beaten-down PC chip stocks are among the winners: AMD +3.8%. NVDA +2.9%. INTC +1.1%. Earlier today, AMD launched its Vishera desktop CPU line - AMD is counting on the 4 and 8-core CPUs, which are priced aggressively, to help reverse share losses to Intel's Ivy Bridge. Reviewers offer tempered praise.
Comments (2)
  • amd has fallen from 8 to 2 in 7-8 months. a 3.8% is nothing more then 15 cents
    23 Oct 2012, 01:39 PM Reply Like
  • ARMH has always been very good, the so called Wall Street experts not so good.
    24 Oct 2012, 11:36 AM Reply Like
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