Intel Earnings Lift Leveraged Chip ETF to Key Technical Level

Shares of Dow component Intel (NasdaqGM: INTC), the world’s largest semiconductor maker are higher by 1.1% in midday trading Wednesday after the company reported third-quarter EPS of 58 cents on revenue of $13.5 billion. Analysts expected earnings of 53 cents a share on revenue of $13.47 billion....