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Friday, September 28, 2018

Intel interim CEO says chipmaker has the supply to meet its full-year revenue outlook

Intel's interim CEO said the chipmaker has enough supply to meet its full-year revenue outlook.

"We continue to believe we will have at least the supply to meet the full-year revenue outlook we announced in July, which was $4.5 billion higher than our January expectations," he wrote in a post on the chipmaker's website Friday.

Intel shares rose 3.2 percent Friday after the news.

This story is developing. Please check back for updates.

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