Revenue rose 8% year-over-year to $11.46 billion, ahead of the analysts' consensus view of $11.37 billion. For the first quarter, Intel forecast revenue of $11.5 billion, plus or minus $400 million. The current Wall Street projection is for revenue of $10.74 billion in the three-month period ending in March 2011. Intel shares were last quoted at $21.87, up 2.7%, on volume of nearly 16 million, according to Nasdaq.com. The stock is coming off a virtually flat performance in 2010 but there's still a fair amount of bullishness in the analyst community with 29 of the 50 analysts covering the shares at strong buy (13) or buy (buy). Shares of a number of semiconductor capital equipment and other chip companies were getting a boost in late trades as well following the news, including Applied Materials ( AMAT), gaining 5.4% to $15.01 on volume of more than 930,000; KLA-Tencor ( KLAC), adding 5.6% to $41.98 on volume of around 325,000; and Micron Technology ( MU), which was rising 1.3% to $9.75 on volume of 530,000 after a strong rally in the regular session.