Intel's (INTC +7.5%) blowout Q2 has lifted the entire chip universe. AMD +9.3%. STM +8.7%. MU...

Intel's (INTC +7.5%) blowout Q2 has lifted the entire chip universe. AMD +9.3%. STM +8.7%. MU +4.9%. ATML +4.4%. NVDA +4.1%. ETFs: SMH +4.7%. IGW +4.3%.

Comments

[Archman Investor]

Blowout huh?
Intel is notorious for outright lying to people.
I cannot even count anymore how many times they over promised, then under delivered. Dell says things stink. So do alot of other companies. Yet INTC is suddenly ok? How many times has INTC done an inventory "rebuild" under the guise of improving conditions? They did it back in 2000-2003 as well. No one questions them because right now, everyone just "needs" the market to keep going up.

compdivplan.com

[obamaphobe]

Great for intel for now. What can they do for an encore when 1 in 5 of their largest market are unemployed?