Intel’s revenues nosedived in its fourth quarter, falling 32% year-on-year to $14bn amid macro-economic headwinds, challenges from the ARM-based community in key sectors, and decline in its core data center and PC businesses. Its Networks and Edge division was the least concerning, with a fall of only 1%. CEO Pat Gelsinger told the analyst call: “We readily admit these results are lower than what we expect for ourselves. We expect macro weakness at least through the first half of 2023 with the possibility of improvements in the second half … We have a long way to go to reach our financial expectations.” Analysts had predicted $14.4bn in revenue, but were even more disappointed about earnings per share, which came in…