Intel Drops After Signaling Caution on World Economic Growth

  • Chipmaker cites weaker demand for PCs, servers in China
  • Year off to `soft' start after strong fourth quarter in 2015

Intel Forecast Shows PC Slide's Impact

Intel Corp. shares tumbled the most in seven years after the company said 2016 is off to a “soft” start amid tepid economic growth, particularly in China, which is hurting demand for personal computers and the servers that have fueled growth.

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