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Wednesday, January 7, 2009 9:11 AM TweetThis
  • Intel (INTC) cuts revenue outlook to $8.2B vs. $8.74B consensus. Sees sales down 23% Y/Y on weakness in end demand and inventory reductions by its customers in the global PC supply chain. Predicts a $1.1-1.2B loss on equity investments etc. Shares -4.7% premarket. (PR)
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