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Intel Computes Concern for the 4th Quarter

SUSIE GHARIB: A big surprise warning tonight from Intel. After the bell, the technology bellwether sharply cut its revenue forecast for the fourth quarter. It now expects fourth quarter sales to be about $9 billion. That's about $2 billion less than the high end of previous estimates. The world's largest computer chip maker says all of its business lines are being hurt by poor demand around the globe. In after hours trading Intel shares fell as much as 7 percent.