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Wed 07 Jul 2007Intel posts 44% rise in quarterly profitMultinational Intel, Ireland's biggest employer, posted a 44 per cent rise in quarterly profit last night but gross margins missed its target and shares fell nearly 5 per cent.The numbers underscored the challenges Intel still faces despite having clawed back market share in a continuing, bruising price war with rival AMD and despite restarting profit growth after five quarters of slumping performance,.