Investing.com - Intel reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Intel announced earnings per share of $1.11 on revenue of $18.33B. Analysts polled by Investing.com EPS of $1.1 on revenue of $18.22B.
Intel 's are down 9% and is trading at $53.98 , still down 22.10% from its 52 week high of $69.29 set on Friday, January 24, 2020.
Intel follows other major Technology sector earnings this month
Intel's report follows an earnings matched by Taiwan Semiconductor on Wednesday, October 14, 2020, who reported EPS of $0.92 on revenue of $12.4B, EPS of $0.92 on revenue of $12.4B.
Danaher had beat expectations on Thursday with third quarter EPS of $1.72 on revenue of $5.88B, for EPS of $1.36 on revenue of $5.51B.
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