Reuters - Feb 18, 2010Intel Corporation (INTC)
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Patrick Wang
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Wedbush MorganOn Wednesday, the graphics chipmaker posted a better than expected fourth quarter profit but revenue came in slightly below Wall Street's most bullish expectations For months, Nvidia has been discontinuing investment in parts of its business due to a lawsuit with
Intel Corp ( INTCO ) [ID:nN13201671] It is shifting its focus to high performance computing and mobile chips for devices such as tablet computers, while maintaining a core business selling graphics chips designed for games, high definition video and advanced photo editing As a result, its chipset business, or collections of chips on a board that connect a computer's microprocessing brain to other parts of the computer, fell 19 percent from the last quarter
"The chipset revenue decline is probably driving a lot of the disappointment there," said Wedbush Morgan analyst Patrick Wang
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On Wednesday, the graphics chipmaker posted a better than expected fourth quarter profit but revenue came in slightly below Wall Street's most bullish expectations For months, Nvidia has been discontinuing investment in parts of its business due to a lawsuit with <span class="company">Intel</span> Corp ( INTCO ) [ID:nN13201671] It is shifting its focus to high performance computing and mobile chips for devices such as tablet computers, while maintaining a core business selling graphics chips designed for games, high definition video and advanced photo editing As a result, its chipset business, or collections of chips on a board that connect a computer's microprocessing brain to other parts of the computer, fell 19 percent from the last quarter<span class="sent"> "The chipset revenue decline is probably driving a lot of the disappointment there," said Wedbush Morgan analyst <span class="analyst">Patrick Wang</span></span>
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