Wall Street to grill Intel on chip security flaws
Follow us We have the truth Wall Street analysts will grill Intel Corp ( INTC.O ) executives on how massive security flaws in its computer chips are impacting business when the company reports quarterly results on Thursday. Intel has said there would be no material cost to it from security flaws, dubbed Meltdown and Spectre, that were disclosed on Jan. 3 since both could be solved with software. But the real-world effects on productivity are still being determined. “As an investor you want to know what’s going to happen in the future and how it’s going to impact their margins,” said Kim Forrest, a portfolio manager with Fort Pitt Capital Group, which holds about 728,000 Intel shares. She wants more information about Intel’s plans for a long-term fix to the problem, including details on cost and how the changes might affect chip performance. An Intel spokeswoman declined to discuss the results ahead of their release. Intel has stumbled in its response to...