I agree, it's just an excuse they're using to shift the blame. e.g. "It's not our fault revenues are down. The(Insert whatever b/s excuse you can come up with here) hard drive supply is low."
With news out from INTC today and TXN on Thursday night why would anyone go long tech in general. You would think with tablets, smartphones and laptops selling millions and millions of units that these companies would have no problem with earnings go forward....if these top semiconductor companies are having trouble now with sales so robust I could just imagine where these 2 companies will be when sales start to ever so slightly stall out... I dont even thing INTC and TXN deserve the price they are each trading at. I think they are worth at least 25% less than where they trade today, maybe even more...