Intel Lowers Q2 Revenue Guidance after US …

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TMTPost -- Intel Corporation shares settled 2.2% lower after falling as much as 3% Wednesday, underperforming as the U.S. stock market benchmark S&P 500 finished flat, breaking its longest winning streak since March. The stock selloff came as Intel lowered its quarterly revenue outlook right after the U.S. government tightened its controls on semiconductor exports to China. AI Generated ImageIntel now expec