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Intel Sees Fourth-Quarter Revenue Below Prior Expectations
Updated from 4:35 p.m. ET
Intel(INTC Quote) warned after the market closed that fourth-quarter revenue would fall short of its prior expectations, primarily because of slowing PC demand.
The chipmaker now expects revenue to be flat with the third quarter "plus or minus a couple of percentage points." The company had expected revenue to rise 4% to 8% from the third quarter.
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