Intel Results Surprise Wall Street

Intel have seen some strong results as PC sales are up, this has come as a huge surprise to Wall Street. However, Paul McWilliams, a tech sector specialist has been saying for a while now that Intel would exceed expectations and these strong results proves just that.

Bloggingstocks.com have been taking a closer look into the Next Inning newsletter and it seems that Intel’s Q2 results proves that Wall Street were wrong not only about INYC, but also very wrong in the tech industry as a whole.

It does seem as though tech companies such as Intel have learned lessons from 2001- 2002, they decided to clamp supply lines and then hold off on production just so that its channel inventory could be digested. This means that there are not warehouses full off stock going nowhere.