Intel Corp Lowers Q3 Rev guidance to $13.2B v $14.2Be- Intel today announced that third-quarter revenue is expected to be below the companys previous outlook as a result of weaker than expected demand in a challenging macroeconomic environment. The company now expects third-quarter revenue to be $13.2 billion, plus or minus $300 million, compared to the previous expectation of $13.8 billion to $14.8 billion.
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