Intel has discovered a design flaw related to its new Sandy Bridge chip, the company said today.
The flaw has forced the chipmaker to stop shipments of a chipset, though Intel also announced that it has a design fix in place. Intel expects the cost of repair and replacement to be around $700 million, forcing it to cut its sales forecast for the first quarter by $300 million.
Prior to the announcement, trading of Intel's stock was halted on the New York Stock Exchange for about 25 minutes. Since trading resumed around 7:20 a.m. PT, investor reaction … Read more