INTEL WARNS ON Q1: SUPPLY CONSTRAINTS HIT RESULTS Intel issued a weaker-than-expected first-quarter outlook, citing supply shortages that are limiting its ability to meet strong demand. The company forecast revenue of $11.7–$12.7 billion, below the $12.6 billion analyst estimate, and said earnings per share would break even instead of posting a profit. CEO Lip-Bu Tan said manufacturing yields remain below expectations after inventory was depleted in Q4. Intel shares fell about 3% in extended trading, as execution remains the company’s key challenge despite new products and investor optimism.(*Walter Bloomberg)