Intel revenues drop 4% to $18.3 billion for Q3 2020 as competition heats up

Intel reported earnings that matched Wall Street’s expectations during what was another tumultuous quarter for the world economy. For the third quarter ended September 30, the big PC chipmaker posted non-GAAP earnings per share (EPS) of $1.11 a share on revenue of $18.3 billion, compared with non-GAAP EPS of $1.42 a share on revenue of $19.2 billion a year earlier.

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