If you want to gauge the tech winds, follow Intel.
At least, that's the theory employed by economists trying to forecast the performance of the high-tech industry in uncertain times over the last two decades. The world's largest chipmaker is thought to be an early-warning sign of things to come; trouble ahead if Intel's in red.
We already know that the two companies were disappointed in their performance during the quarter. Back in March, Intel had already made the decision that plummeting flash memory prices would dent its earnings for the quarter. AMD waited a little longer, … Read more