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Intel Shares Drop More Than 16% on PC Market Slowdown Outlook

The company forecast fourth-quarter revenue of $15 billion to $16 billion as CFO David Zinsner projected the PC slowdown would last at least through the first half of 2027.
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The company forecast fourth-quarter revenue of $15 billion to $16 billion as CFO David Zinsner projected the PC slowdown would last at least through the first half of 2027.