Revenues inch upward as Otellini declares the sales plunge has finally bottomed out. Tech industry insiders had been looking to Intel, the world's largest chipmaker, for a sign that the worst of the downturn may be past. They aren't likely to be disappointed. Intel (NASDAQ: INTC) today reported first quarter net income of $647 million and earnings per share (EPS) of 11 cents on revenue of $7.1 billion. That revenue was slightly…
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