Word: chip
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Visit any public or private golf course, any day of the week, and you'll spot the same things. Manicured trees and flush fairways. Ecstatic fist pumps, as hacks somehow chip it near the cup. Displays of intense frustration, as the scratch golfers blow 4-ft. putts...
Search is facing the same problem as the chip business. Intel (INTC) and AMD (AMD) make semiconductors that are so powerful, very few PC buyers can use all of their computational power. A lot of what the chips can do is wasted. Upgrading to a more powerful processor does not mean much to people who cannot tell the difference. That leaves a few corporations and people who play complex video games as the only discriminating buyers of PCs with ultra-powerful processors. Just three or four years ago, the difference between one generation of semiconductor and another meant something...
Intel likes to say its domination of the global computer chip market is down to its technological prowess. But rivals say it's ruthless, illegal sales techniques that have made the difference...
...humiliating blow for Intel, which has played a key role in developing chip technology for over four decades, and can now claim a staggering 80.5% market share in microprocessors. But it represents vindication for Intel's semiconductor rival Advanced Micro Devices (AMD), which filed the original complaint in 2000. And it also underlines the power and authority of the Commission, which has now established itself as the world's most feared antitrust regulator...
...first quarter earnings and the critical economic figures for March and April are out. A growing number of economists say that the consumer will begin to conquer his panic by year's end and GDP will revive as if nothing had happened. The most recent poll from the Blue Chip Economic Indicators newsletter shows that many analysts expect GDP to recover as early as the third quarter but since that the measure was down 6% the last two quarters, such a swift recovery would be like building the Great Pyramid by hand in six months during a raging sand storm...