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Intel's current quarter sales outlook misses estimate

By Staff Writer

Apr 29 2022 6:33AM

High-end PCs down, supply chains uncertain.

Intel's current quarter sales outlook misses estimate

Chipmaker Intel forecast second-quarter revenue below Wall Street expectations on Thursday on worries of demand weakness from its largest end market, PCs, and increased supply-chain uncertainty due to Covid-19 lockdowns in China. Shares of the company fell 5 percent in after-market trading. The...

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