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Intel's stock, $INTC, fell nearly 9% after reporting better than expected Q1 earnings but missing on revenue outlook and providing a weak Q2 revenue forecast. The company's shares slid more than 5% due to lower guidance, with the CEO acknowledging progress but facing challenges.
$INTC (-7.8% pre) Intel shares fall after company provides weak forecast for the current quarter - CNBC https://t.co/2Aynvjznni
#FPTech: Intel’s stock plummet 8% as quarterly revenue, profit falls short of expectations https://t.co/NyIr3PMHCH
Intel disappoints with earnings forecast as shares take a hit https://t.co/V2qMw4YBP6
