Intel (INTC) Peers Tick Lower on Q3 Warning (NVDA) (AMD) (TXN)

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Intel (INTC) Cuts Q3 Sales Outlook; Cites Lower Inventory Demand in Supply Chain

September 7, 2012 8:02 AM EDT

Intel Corp. (Nasdaq: INTC) reports 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... More