How Big Semiconductor Firms Ignored the Key Trends
Recent financial news from the “big chip” semiconductor firms has been grim. But the bad news goes beyond worries about the global economic climate and the death of the PC.
In the last five years, computing has gone from something done on a server or a PC, to all-day continuous computing on a variety of devices. And the chip giants from Intel to Qualcomm are feeling the repercussions from that giant shift.
So right now, chip firms are lowering their sales expectations, writing down excess inventory and keeping an eye on the global economic picture.