Intel reported quarterly earnings that beat Wall Street's expectations on Tuesday, but its shares wavered in extended-hours trading.
After the earnings announcement, the company's shares (INTC) initially fell but last traded flat after the closing bell. (Click here to get the latest quotes for Intel.)
The company posted second-quarter earnings excluding items of 54 cents per share, unchanged from 54 cents a share in the year-earlier period.
Revenue rose 4 percent to $13.5 billion from $13.03 billion a year ago.
Analysts had expected the company to report earnings excluding items of 52 cents a share on $13.56 billion in revenue, according to a consensus estimate from Thomson Reuters.
Last week, Intel announced that it will spend more than $4 billion to buy up to 15 percent of ASML and bankroll the Dutch company's research into costly next-generation chipmaking technology.
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