*Extra* Daily Interview: The Intel Fallout

How bad is it?

That's one of the many questions on everyone's lips after Intel(INTC Quote) rocked Wall Street late yesterday with another warning about first-quarter results. First-quarter revenue will be down not just 15% but 25%, the company said. Further, it will trim 5,000 jobs through attrition to cut costs. Any trouble at the chipmaker, whose name has become nearly synonymous with bellwether, sparks widespread concern about the broader impact on the tech sector. Last time Intel warned, it presaged an onslaught of "confession season" notes from tech companies. Intel is off 12% out of the gate this morning, and it's dragging down the Nasdaq Composite Index and the Dow Jones Industrial Average with it.

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