Intel Corp (INTC)

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Q4 below expectations
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SAN FRANCISCO (MarketWatch) - Intel Corp. intc issued that was below analysts' expectations, though the chip giant also trimmed its planned capital spending for the rest of the year. The stock rose by 1.5% in after-hours trades, as earnings for the third quarter . For the December period, Intel said it expects revenue of $13.7 billion, plus or minus $500 million. Analysts were expecting revenue of $14 billion for the period. Gross margins are expected to come in around 61%, plus or minus a couple percentage points. Intel trimmed projected capital spending for the full 2013 fiscal year to $10.8 billion compared to the $11 billion forecast it gave back in July.