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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 92.99+1.0%3:59 PM EDT

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From: Elroy7/25/2019 11:17:44 PM
   of 2548
 
Tidbits from INTC's Q2 conference call

Our Q2 operating margin was 31%, down two points as client ASP strength was more than offset by platform volume declines and continued NAND pricing degradation.

Now let's talk about the full year outlook. For the full year, the market dynamics reflected in our April guide remain largely in place, although, memory has continued to weaken relative to our expectations.

We are increasing our revenue outlook for the full year by $500 million to $69.5 billion to reflect the out performance in the second quarter, somewhat offset by the effect of trade-related pull-ins and a weaker memory environment.

our expectations have been and still are that cloud will get a little bit stronger as we go into the second half.
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