(Reuters) - Intel Corp posted third-quarter revenue above expectations as corporate IT spending and demand for personal computers in China helped offset weakness in the United States and Europe.
The world's leading chipmaker said non-GAAP revenue in the third quarter was $14.3 billion, up 29 percent and higher than the $13.87 billion expected on average by analysts, according to Thomson Reuters I/B/E/S.
Non-GAAP net income in the quarter was $3.5 billion, up 17 percent. Adjusted earnings per share were 65 cents.
Shares of INTEL (INTC.NQ)rose 2.6 percent in extended trade after closing up 0.52 percent at $23.40.
(Reporting by Noel Randewich; Editing by Richard Chang)
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