Intel Stock Trades Lower after Company Releases Revised Q3 Revenue Prediction

- Alert) and Samsung design their chips with technology licensed from ARM Holdings.

In July, Intel reported Q2 revenue of $13.5 billion, with net income of $2.8 billion. Even in July, Paul Otellini (News - Alert), Intel's president and CEO, said the company's growth in Q3 would be slower than expected due to "a more challenging macroeconomic environment.”

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO West 2012, taking place Oct. 2-5, in Austin, TX.  Stay in touch with everything happening at ITEXPO (News - Alert). Follow us on Twitter.

Edited by Amanda Ciccatelli
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