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Intel Says Revenue to Miss Expectations, Cuts Jobs
Posted
August 1, 2024
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August 1, 2024
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4:22Now PlayingIntel said third-quarter revenue will be far less than analysts’ expected and announced sweeping job cuts. Sales for the current quarter will be $12.5 billion to $13.5 billion. Analysts had projected $14.38 billion on average, according to data compiled by Bloomberg. Ed Ludlow reports.
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