TOUGH TIMES: A woman walking past an Intel logo at the 2012 Computex in Taipei in this June 5, 2012 file photo. Intel's weak outlook for its fourth-quarter revenue is an indication that the PC industry is wrestling with troubled global economies. - Reuters
SAN FRANCISCO: Intel Corp’s weak outlook for fourth-quarter revenue and margins dispelled lingering hopes for a revival in PC demand towards the end of the year, pushing its shares 2% lower.
Intel, along with rival AMD, had previously warned of weak demand for PCs, hit by a troubled global economy and the growing popularity of tablets like Apple Inc’s iPad, once dismissed as a niche device but now leading a fundamental shift in consumer computing.
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