Intel forecasts weak second-quarter, cuts full-year outlook
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(Reuters) - Chipmaker Intel Corp forecast current-quarter revenue below analysts' estimates and cut full-year outlook on Thursday, sparking worries that an industry-wide slowdown could persist until the end of 2019, sending shares down 7 percent.The Santa Clara, California-based chipmaker said it expects revenue and profit of $15.6 billion (12.1 billion pounds) and 89 cents per share for its second quarter that ends in June, compared with analysts' expectation of $16.85 billion and $1.01 per..