Intel Corp. lost $4 million in the...
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Intel Corp. lost $4 million in the third quarter, the Silicon Valley manufacturer of memory and microcomputer systems and components reported. In the same period a year ago, Intel earned $70 million. A continuing decline in demand for computer products and their prices was blamed by Intel Chairman and Chief Executive Gordon E. Moore, who predicted that fourth-quarter losses probably will be higher than the third quarter’s.
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