For a technology nut like myself, seeing a company like Intel face a decline in demand is worrisome at best. The problem with a falling need for x86 chips means a move away from desktop PCs, which generally offer the best computing and gaming experiences available. I’d hate to see desktops go the way of BETA video.
Declining x86 chip demand from PC manufacturers has prompted Intel to slash its third-quarter sales prediction.
"It's worse than everyone expected," Evercore Partners analyst Patrick Wang told Bloomberg. "[Santa Clara's] consumer PC business is getting whacked."
Vijay Rakesh, an analyst at Sterne Agee, told Reuters that the upcoming introduction of tablets running Windows 8 RT for ARM-based chips is creating "additional uncertainty" for manufacturers attempting to predict what types of new devices will catch on with consumers. Continue Reading
