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Intel plunges 25% amid surging memory costs and PC weakness

Intel
Business Insider Fews App News Provider
Fews App Post Time ha 23h

Intel CEO Lip-Bu Tan warned of one of the "most significant supply shortages in history. "Akio Kon/Bloomberg via Getty ImagesIntel shares dropped as much as 25% in premarket trade Friday after disappointing earnings. The chipmaker said it expects revenue to drop in Q4 as its PC business faces headwinds.

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