April 25 (Reuters) - Intel ( INTC ) forecast
second-quarter revenue below market estimates on Thursday, as it
faces weak demand for its traditional data center and personal
computer chips amid efforts to build its contract manufacturing
business.
The Santa Clara, California-based company expects
second-quarter revenue in the range of $12.5 billion to $13.5
billion, compared with analysts' average estimate of $13.57
billion, according to LSEG data.