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Intel met first-quarter profit expectations but fell slightly short of revenue projections: Q1 earnings of $0.41 per share, in-line with consensus, revenues rose 0.1% year/year to $12.78 bln vs $12.83 bln consensus.
For the second quarter, Intel projected revenue of $12.7-13.7 bln vs. $13.45 bln consensus.
INTC gained to $32.49 (+3.18%) on the premarket.
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