Published in News
Intel lowers Q1 gross margin forecast
Cheap NAND messes it up
Intel has lowered its Q1 gross margin forecast from 56 to 54 percent, give or take a few points.
The comany blames low NAND flash memory prices for the drop, but at least it's doing more than well on the CPU side.
Apart from the NAND hiccup, everything else seems to be going smoothly and Intel's expectations are consistent with the first quarter Business Outlook published in Q4.
You can find the full release here.