A profit warning from Intel last week triggered a worldwide stock market panic.
The chip giant issued an unprecedented estimate that its revenue and profits for the first quarter this year would be up to 10% lower than expected, because of a slow down in demand for PCs.
Stock markets reacted badly to the news, with a sharp drop in overall share prices across the globe. Technology prices were not the only ones affected in the decline - all shares suffered as analysts rethought their expectations for economic growth.
More than z11 billion was knocked off Intel's own value, as its share price plummeted by almost 20% on the news.
PC Week has learned that the company is planning an announcement on new processors for mobiles in April, although Intel refused to comment on its plans.
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