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Intel’s Sales and Profit Forecast Disappoints Investors

May 23, 2023
in AI & Technology
Reading Time: 1 min read
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Intel Corp., the world’s biggest maker of computer processors, reported lackluster quarterly revenue in its data center business and gave a disappointing sales and profit forecast for the current period, indicating weaker demand for its chips across the board. Mandeep Singh of Bloomberg Intelligence speaks on “Bloomberg Markets: The Close.”

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