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Intel cuts first-quarter revenue forecast by nearly $1 billion

2015-03-12 15:30:28| Agriculture - Topix.net

Intel Corp slashed its revenue forecast for the first quarter by nearly $1 billion, citing lower-than-expected demand for business PCs and lower inventory levels across the PC supply chain. Intel said it expects first-quarter revenue of $12.8 billion, plus or minus $300 million.

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