Intel shares rise following quarterly results

Semiconductor manufacturer Intel Corp. on Tuesday reported somewhat mixed financial figures for the first quarter of 2015, although its full-year sales guidance beat forecasts and gross margins improved.

The Santa Clara, California-based chip giant said net earnings per share for the period climbed to 41 cents, as penciled in by analysts.

For the first three months of the year sales printed at $12.78bn, in-line with the company's reduced guidance.

Over all of 2015 Intel now expects revenue to be flat versus the year ago figure of $55.9bn (consensus: $55.69bn).

As of 22:16 shares of Intel were 1.97% higher at $32.11.