Weak Intel outlook stokes fears of a chip slowdown
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(Reuters) - Intel Corp forecast current-quarter revenue and profit below analysts' estimates and missed fourth-quarter sales estimates on Thursday, hit by a slowdown in China and sluggish demand for its data centre and modem chips. The company's shares fell 6.7 percent in extended trading as the news stoked fears of an industry slowdown after sales warnings from Apple Inc, Samsung Electronics Co Ltd and Taiwan Semiconductor Co Ltd earlier this month pointed to stagnating demand from..