Intel's revenue in the third quarter jumped 28 percent year over year, while profits also shot up over the previous year.
The world's largest chipmaker reported revenue of $14.2 billion on a GAAP (generally accepted accounting principles) basis, on GAAP earnings of 65 cents per share. Adjusted income was 69 cents per share. This compares to $11.1 billion in revenue in the year-earlier period, or 52 cents a share.
Intel was expected to report earnings of 61 cents a share, on revenue of $13.9 billion, according to an analysts' consensus.
The chipmaker surpassed $14 billion … Read more