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Stock Markets · Santa ClaraIntel shares fell 5 per cent in premarket trading on Friday after the chipmaker forecast steeper-than-expected quarterly losses and warned of a potential exit from its foundry business despite new CEO Lip-Bu Tan's turnaround plans.Tan on Thursday hinted at departing from ex-CEO Pat Gelsinger's core strategy,See the Story
Intel Shares Slide on Quarterly Loss, Foundry Business Exit Risk
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