Reuters alone as Intel signals seismic strategy shift
05.26.2011
Reuters broke the news on May 26 that Intel could make chips for rivals based on non-Intel architecture, a move that would mark a seismic shift in the semiconductor industry. Chief Financial Officer Stacy Smith`s comments were picked up across the U.S. media, including the San Francisco Chronicle, Fox News, the Wall Street Journal website and a host of trade publications, all of which cited Reuters in reports. Shares in Intel rose 2.5 percent in the session immediately following the story, which only appeared on Reuters. Piper Jaffray followed up the story with a note on potential customers, naming Sony and Apple. The report also prompted stories from the Computex trade fair in Taiwan on what the about-face might mean for rivals, including ARM.