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Intel cuts 4Q outlook citing supply shortages
Chip maker Intel Corp. caused shares for the entire microchip sector to sink when it cut its fourth-quarter revenue outlook Monday.Intel is the latest technology company to feel the impact of hard-disk-drive shortages stemming from monsoonal flooding in Thailand. The world's largest maker of microprocessors says it now expects fourth-quarter revenue of $13.4 billion to $14 billion, down from $14.2