Intels Historic Collapse Erases $8 Billion From Market Value (Slashdot)

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Intels Historic Collapse Erases $8 Billion From Market Value – Intel saw about $8 billion wiped off its market value on Friday after the U.S. chipmaker stumped Wall Street with dismal earnings projections, fanning fears around a slump in the personal-computer market. Reuters reports: The company predicted a surprise loss for the first quarter and its revenue forecast was $3 …

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