Santa Clara, Calif. -- Shares of Intel fell more than 3% in after-hours
trading after the Santa Clara-based chip giant on Thursday lowered the
top end of its previous revenue range for the current quarter. The
company said that it now expects its fourth quarter sales to be between
$10.4-$10.6 billion, compared with its previous range of $10.2-$10.8
billion. Many analysts had been hoping for a more favorable outlook
from Intel, given the recent high demand for semiconductors.