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Intel Still Struggling with Manufacturing Costs

By
Stephen Nellis
· · Source: The Information

Intel Corp forecast sales and profits that were below investor expectations when it reported its first-quarter earnings on Thursday, and high manufacturing costs from mistakes in the past are a big part of the reason. Intel said it expects gross margins of 48% in the second quarter, down from the 50.4% it reported for the first quarter and far below its historical norms that were often in the...

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