Intel warns economic crisis may hurt business
Intel Corp warned on Friday that the economic slowdown may hurt its business but the world's biggest computer chipmaker maintained its fourth-quarter revenue projections.
"The recent financial crisis could negatively affect our business, results of operations, and financial condition," Intel said in a regulatory filing with the Securities and Exchange Commission (SEC).
"Current uncertainty in global economic conditions poses a risk to the overall economy as consumers and businesses may defer purchases in response to tighter credit and negative financial news, which could negatively affect product demand and other related matters," the California group said.
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