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Intel's (INTC -2.8%) warning is hurting other chip stocks with strong PC exposure: AMD -3.4%....

Sep. 07, 2012 10:12 AM ETIntel Corporation (INTC) StockMSFT, DELL-OLD, HPQ, AMD, INTC, STX, WDC, NVDA, MUBy: Eric Jhonsa, SA News Editor4 Comments
Intel's (INTC -2.8%) warning is hurting other chip stocks with strong PC exposure: AMD -3.4%. NVDA -4.5%. MU -4.6%. H-P (HPQ -1.4%), Microsoft (MSFT -1.3%), Seagate (STX -1.6%), and Western Digital (WDC -1.4%) are off moderately, though Dell (DELL-OLD +0.9%) is higher after declaring its first dividend. Analysts had been slashing estimates (I, II, III) for Intel ahead of the warning thanks to a torrent of negative PC data - that seems to be limiting the damage.

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