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Intel Gives Weak Profit Forecast as CEO Invests in Factories
The forecast adds evidence that profit is suffering from an Intel spending spree
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Intel Gives Weak Profit Forecast as CEO Invests in Factories
(Bloomberg) Intel Corp. gave a disappointing forecast for profit in the current quarter, fueling concern that the cost of Chief Executive Officer Pat Gelsinger’s turnaround plan will weigh heavily on the chipmaker’s financial performance.
United states
Santa clara
Pat gelsinger
Dave zinsner
Microsoft corp
Taiwan semiconductor manufacturing co
Philadelphia stock exchange semiconductor index
Bloomberg intel corp
Devices inc
Altera corp
Chief executive officer pat gelsinger
Chief financial officer dave zinsner
Taiwan semiconductor manufacturing
Advanced micro devices
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