THE OUTLOOK FOR TECH

摘要

It was a stomach-churning reversal of fortune. On Aug. 28, the stock of No. 1 chipmaker Intel Corp. hit 75 and yet another new high. The good times, it seemed, were never better. Then came a report forecasting slower growth in PCs, followed by Intel's Sept. 21 warning that third-quarter revenue growth will likely come in just 3% to 5% above the second quarter, half what analysts expected. In a couple of weeks, the stock of one of the skyscrapers of the computer industry lost more than 40% of its value—$215 billion. Poof.