Intel claims that recent PC sales have been “promising”

Intel, the number one computer chipmaker, late Tuesday posted first-quarter earnings per share that came in a penny above Wall Street views on roughly in line sales. Intel stock was up 1% in after-hours trading on the report, after rising less than 1% in the regular session, to 26.77. Intel stock touched a 22-month high of 27.12 in January. The company earned 38 cents a share, down 5% from the year-earlier quarter, on sales of $12.76 billion, up 1.5%, for the quarter ended March 29.