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Intel's stock dropped as the company forecasted a lower Q2, facing tariff and recession fears.
Intel's stock fell due to a lower-than-expected Q2 forecast, despite beating Q1 earnings estimates.
Tariffs and worries about a potential recession are causing concern.
Intel's CEO plans to cut the workforce to improve efficiency.
The company's revenue was flat at $12.7 billion, with a net loss of $0.8 billion.
Data center and AI revenue increased, but client computing sales dropped.
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Las acciones de Intel cayeron a medida que la compañía pronosticó un Q2 más bajo, frente a los temores de aranceles y recesión.