Intel Chip Shortage Continuing R. Krause - February 7, 2000
Event Summary
1/26/2000 - Dell Computer Corporation said it expected a revenue and earnings shortfall for this quarter. Among the reasons stated was a shortage of chips from Intel Corporation. Dell claims it lost approximately $300 million in sales due to its inability to meet demand for its high-end PCs. Intel is blaming the shortage on 'upside demand', which means demand for the particular chips was significantly higher than forecast. In a recent statement, Intel has said it expects shortages to continue at least through February and possibly March...
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