Intel’s WARNING Is About Intel Not The Semiconductor Industry | INTC Stock

Intel added itself to the number of company executives warning about the economy and slowing growth. Intel’s CFO offered troubling commentary about the macroeconomic environment during the Bank of America Global Technology Conference. Intel said that the macro environment is weaker than Intel anticipated coming into the quarter and that they expect customers to reduce inventory levels, negatively impacting demand for Intel’s chips. But this is about Intel and not about the entire semiconductor industry.

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