Intel raises restructuring charge to $2.3B, beats with Q3 sales of $15.8B, EPS $0.80

 Intel today reported its Q3 earnings, and while the company beat estimates on both revenues and earnings, it also said that it would be raising its restructuring charges to an eye-watering $2.3 billion, as it continues to shift its business away from PC processors and into chips for the next generation of computing in devices like drones and self-driving cars. It also provided a forecast for… Read More