Intel tops 3Q forecast but shares fall on sales outlook
SANTA CLARA, Calif. — Intel Corp. on Tuesday slid in after-hours trading after the chipmaker issued downbeat guidance for the current quarter. The Santa Clara, California-based company earned $3.38 billion, or 69 cents, during its third quarter. Earnings, adjusted for one-time gains and costs, were 80 cents per share. The results exceeded Wall Street expectations.