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Intel Corp. (INTC) Has Climbed To A New High On Strong Q4 Earnings

Intel Corp. (INTC) reported fourth quarter EPS of $1.08 after the close Thursday, up from $0.79 in the previous year. The consensus estimate was for EPS of $0.87.

Intel gapped open sharply higher Friday morning and has continued to rise in early trade. The stock is now up 3.60 at $48.90. Intel has broken out of a 3-month trading range and has set a new high for the year.

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