Intel’s shares sink

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Intel's shares sink

Intel Corp. shares sank more than 3 per cent in early trading Friday after warning a day earlier of a $600-million (U.S.) charge after one of its wireless businesses failed to meet expectations. “The chip-making giant said Thursday it also expects revenue to be between $8.5-billion and $8.7-billion. In October, the company predicted sales would be $8.1-billion to $8.7-billion.”

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