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Intel CEO: There's No Global Recession

At the Consumer Electronic Show in Las Vegas, Intel Chief Executive Paul Otellini spoke with Jim Goldman about the future of the semiconductor giant and the industry as a whole. The CEO waxed optimistic.

"You have to remember, 75 percent of Intel's sales are non-U.S. ...And there seem to be no signs of a global 'R-word' out there," the CEO declared.

Growth in China, India and the world's other developing economies will more than outbalance any U.S. slowdown, Otellini says.

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