Intel isn't churning out chips at the usual rate, reflecting the PC market's downturn and the slow uptake of Windows 8, according to an analyst.
Intel's factory utilization is down around 60 percent, well below normal, said Jim McGregor, principal analyst for Phoenix based Tirias Research, in a phone interview. The news was first reported at ITWorld.
"A lot of this started in September when holiday shipments of PCs didn't go the way they expected," McGregor said. "That [60 percent utilization rate] is increasing as they burn off inventory. But they're still … Read more