Intel’s posts its fourth straight sales decline in Q2

The world’s largest semiconductor maker Intel has forecast third-quarter sales that may fall short of some analysts’ estimates as a slump in the personal computer market erodes its largest business.

Revenue in the current period will be $13.5bn (€10.2bn) plus or minus $500m, California-based company said.

Analysts on average had predicted sales of $13.7bn, according to data compiled by Bloomberg.