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● Intel guidedRevenueto $15 billion to $16 billion.
● The selloff spread from chipmakers into cloud software.
● Technology, networking and AI-infrastructure stocks sold off.
● It was formerly known as BigCommerce.
● The move came with the sector rather than company news.
● The selloff did not stop at processors.
● Cloud and software names sold off on AI-spending concerns.
● A bookings shortfall and a cutRevenueoutlook drove the selling.
● The technology sector suffered one of its worst days of the year.
● The software selloff widened across the sector.
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