Intel (INTC +0.8%) lowers Q3 guidance, citing weaker-than-expected demand for consumer PCs "in...

|About: Intel Corporation (INTC)|By:, SA News Editor

Intel (INTC +0.8%) lowers Q3 guidance, citing weaker-than-expected demand for consumer PCs "in mature markets." Intel said it now expects sales of $10.8B-$11.2B, compared to a previous range of $11.2B-$12B. Trading was halted, then resumed with shares falling, now in positive territory. (PR)