Intel cuts third-quarter revenue outlook

September 7, 2012 1:21 PM GMT

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Intel Corp cut its third-quarter revenue outlook, citing weaker-than-expected demand in a weak economy.

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The chipmaker said it expects third-quarter revenue of $13.2 billion, plus or minus $300 million, down from its previous forecast of $13.8 billion to $14.8 billion.

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(Reporting by Sayantani Ghosh in Bangalore; Editing by Saumyadeb Chakrabarty)

Copyright 2012 Thomson Reuters. All rights reserved.
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