Intel's Uh-Oh.
Mercury News (reg req): Intel forecast rattles stocks. In an ominous sign for Silicon Valley's fragile recovery, Intel slashed its revenue forecast Thursday amid falling worldwide demand for computer chips.
This is disturbing, but not a sign of doom. Intel has been having more troubles lately than just customer demand, including a surprising number of internal miscues leading to delayed products.
Still, Silicon Valley is holding its breath at the moment. Is the recovery going to be sustained, much less sustainable?
My gut tells me that doom-and-gloom is a little too pessimistic right now. A lot is going right around the valley these days. My bet is that this is more a hiccup than a serious stumble. [Dan Gillmor's eJournal]
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Astronomers downplay SETI signal. Reports that astronomers have detected an unusual signal from a distant star have been downplayed... [spacetoday.net]
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