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Intel Shares Fall 27% Before Open on Weak Fourth-Quarter Outlook

Third-quarter revenue and earnings topped expectations, but Intel forecast $15 billion to $16 billion in fourth-quarter revenue and 25 cents in non-GAAP earnings per share.
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Third-quarter revenue and earnings topped expectations, but Intel forecast $15 billion to $16 billion in fourth-quarter revenue and 25 cents in non-GAAP earnings per share.