Technology stocks, which rallied last week after Intel raised its targets for third-quarter sales and operating margins, may come under pressure after the chip giant gave a more cautious outlook on Tuesday.
Intel Chief Executive Craig Barrett told Reuters in an interview the firm's third-quarter sales rebound might be temporary and was not a sure sign that the sector had emerged from a three-year slump.
THE PIPER WILL BE PAID Brothers, sisters, husbands, wives Followed the piper for their lives From street to street he piped advancing And step for step they followed dancing, Until they came to the river Wiser Wherein all plunged and perished