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BlueFin Stays 'Cautious' On Intel Despite Production Improvements In March

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Production levels likely declined at Intel Corporation NASDAQINTC in 1Q, while there could be a sequential improvement in 2Q. BlueFin’s Steve Mullane said the “cautious” stance on Intel continues for the near term, although the initial reads on PC demand in Q2 “is somewhat stable.”

Q1 Production

Production levels are estimated to...