Inventories, they say, are dramatically lower now than a few months ago. And demand in China and India remains strong. In fact, Intel says investors should look at Intel's worldwide business as the true indicator of its health. But behind the rosy picture, there are some enormous challenges and risks. One-quarter of its sales come from that region.
Diversification is another issue.
Two-thirds of Intel's sales, and all of its profits, come from PC microprocessors. Bryant says they'll also make acquisitions in this area. We will use our cash to finance the expansion of the company. Bravery is what it might take to convince investors. One fund manager, who asked not to be identified, summed it up.