Remember how weird it was last week when Intel, apropos of nothing, published an open letter to all its partners and customers apologising for its chip manufacturing failures? Well, it’s not seeming so weird now as both HP and Dell have come out in their latest earnings briefings to the city to state that continuing CPU supply problems are having genuine material impact on their own commercial and premium consumer PC shipments.
It was Intel’s GM of marketing, Michelle Johnston Holthaus, who made the apology on behalf of Intel, burying the fact that its chip supply problems were worsening by coating it in the phrase, “production variation.”
Dell has now confirmed that “Intel CPU shortages have worsened quarter-over-quarter,” with vice chairman, Jeff Clarke announcing it in the company’s latest earnings call. In the call he stated that the Intel issues were responsible for changes in Dell’s Q4 forecasts, normally the strongest quarter of the year, which in turn resulted in its stock price dropping 4% after trading ended for the day.