Intel announced earlier that it has found an error in the manufacturing of its chipsets of the Cougar Point family. The error that may affect hundreds of thousands end users and that Intel estimates a cost up to 700 million dollar has put a spin on the stock market where AMD has risen like the Phoenix and Intel sank like a rock.
When Nasdaq opened on January 31st AMD rose quite fast after Intel dropped the bomb about recalling the Sandy Bridge platform chipsets. The error affects four of the six SATA ports and will cost Intel hundreds of millions to fix, both in manufacturing costs and to replace products with partners and customers, but also the company stock has taken a turn for the worse.
At the time of writing Intel was down -3,06% while AMD’s stock was up by +7,08%. How much Intel’s product recall may cost it in the long run is hard to say, but this is a huge setback for Intel that opens up doors wide open for competitor AMD.
Even if Intel’s faulty SATA controller isn’t an acute problem for most users all sales of Sandy Bridge have been stopped and when it will be restarted is uncertain.
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