Intel cuts full-year revenue forecast, shares fall
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(Reuters) - Chipmaker Intel Corp INTC.O forecast current-quarter revenue below analysts' estimates and cut full-year outlook on Thursday, sending its shares down 7 percent and sparking worries that an industry-wide slowdown could persist until the end of 2019.The company cut its 2019 revenue forecast to $69 billion (53.5 billion pounds), from the $71.5 billion it told investors to expect when it last reported earnings in January. The Santa Clara, California-based chipmaker said it expects..