Intel Warns

Mike Rogoway, writing for The Oregonian tells us that the news from Intel is not cheery.

“Consumer market growth in Europe and North America is not forecasted to recover as quickly as we had anticipated,” Intel chief executive Paul Otellini warned on an analyst conference call.

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The cool forecast bears on the entire global economy. Intel makes the chips that power more than 80 percent of the world’s PCs, so its slowdown could signal troubles ahead across a broad spectrum of industries.


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