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Intel Beats Estimates, But Low Guidance Sends Shares Down

Intel CEO Brian Krzanich (Photo credit: Michael Loccisano/Getty Images) Intel, the world's largest chipmaker, reportedthird quarter revenue growth of9% year-over-yearto $15.78 billion, beating expectations of$15.58 billion.Net income increased 9% to $3.38 billion in the third quarter reported Tuesday, or $0.69 per share. Wall Street analysts expected earnings per share of $0.
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