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Intel announced that it achieved revenue of $15.41 billion and adjusted earnings per share of $0.54 in the fourth quarter, both better than analyst expectations. However, Intel expects a revenue of $12.2 billion to $13.2 billion in the first quarter, far below analysts' expectations of $14.25 billion; It is expected that the adjusted gross profit margin for the first quarter will be 44.5%, which is also lower than expected. The post market stock price fell by over 8%.
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