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Let the chips fall

Intel Corp. CEO Paul Otellini shows off a chip wafer at the Intel Developers’ Forum in San Francisco recently. Intel Corp. on Tuesday said its third-quarter profit dropped eight per cent as prices for its chips fell. Sales fell eight per cent to $9.4 billion, but both numbers were better than Wall Street projected and Intel offered better-than-expected sales guidance for the fourth quarter.
Paul Otellini
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Intel Corp. CEO Paul Otellini shows off a chip wafer at the Intel Developers’ Forum in San Francisco recently. Intel Corp. on Tuesday said its third-quarter profit dropped eight per cent as prices for its chips fell. Sales fell eight per cent to $9.4 billion, but both numbers were better than Wall Street projected and Intel offered better-than-expected sales guidance for the fourth quarter.