Earnings Results: Intel stock sinks as earnings beat eclipsed by revenue, outlook misses

Intel Corp. shares dropped in the extended session Thursday after the chip maker’s revenue and data-center sales fell just short of Wall Street estimates while the company provided a big earnings beat but a lower-than-expected earnings forecast.

Intel Corp. shares dropped in the extended session Thursday after the chip maker’s revenue and data-center sales fell just short of Wall Street estimates while the company provided a big earnings beat but a lower-than-expected earnings forecast.