January 17, 2001

Intel dubs 2000 a record year, but near-term future not good

Author: JT Smith

Network World Fusion: "Despite dubbing fiscal 2000 overall a "record" year for both earnings and revenue, Intel Tuesday announced revised fourth-quarter financial results and said it expects first-quarter results to be adversely hit by current economic uncertainty. The company also revealed that it plans to close a manufacturing plant in Puerto Rico as a way to cut costs."

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