Deutsche's Ross Seymore is the latest analyst to slash estimates for Intel (INTC) ahead of...

|By:, SA News Editor

Deutsche's Ross Seymore is the latest analyst to slash estimates for Intel (INTC) ahead of Tuesday's Q2 report. Seymore, citing macro worries, is also cutting estimates for Texas Instruments (TXN) and Broadcom (BRCM). But the cuts are fairly small in scope, and he thinks chip stocks, which have underperformed the S&P this year, are due for a rally. (previous) (AMD warning)