Intel Q3 earnings show signs of recovery — and restraint

After years of selling the idea of a comeback, Intel finally sold something else: chips. The company’s third-quarter results showed real growth for the first time in recent memory, though credibility remains its most elusive product. Intel reported $13.7 billion in revenue for the quarter, a 3% increase from a year ago and ahead of Wall Street’s expectations. Gross margin improved to about 40%, up sharply from last year’s 18%, while net income returned to the black with $4.1 billion in profit after a stee ...