Intel shares, which have fallen 50% in recent weeks, were little changed at $36.2 before the earnings announcement.

Intel shares closed today up $4.875, at $162.50 in Nasdaq trading.

For the year, Intel shares are down about 36 percent.

Intel shares closed Friday at $61, down 3 percent for the week.

Intel shares fell $1.375 on the Nasdaq to close at $63.625 in heavy trading.

Intel shares fell nearly 7 percent even though the company reported record revenues and earnings for the third quarter.

Intel shares are down 32 percent from their 52-week high of $102 reached in August.

Before the announcement, Intel shares closed at $15.11, down $1, or 6.2 percent.

Intel shares ended the day at $31.38, down 75 cents.

Intel shares have dropped 18 percent in the last six months, to $19.06.