Intel

(INTC) - Get Report

rose 1.6% to $34.71 in Instinet trading after the bell as the company raised its revenue guidance for the fourth quarter.

The chipmaker was the most actively traded issue in the extra session. Intel now expects a top line of $6.7 billion to $6.9 billion for the quarter ending Dec. 29, up from the previous range of $6.2 billion to $6.8 billion. According to First Call, analysts expect the company to earn 10 cents on revenue of $6.59 billion.

Almost 1 million shares of Intel had changed hands on Instinet in the first 45 minutes of late trading. Around 5.7 million shares traded among the top-20 volume movers in that span.

Sanmina

(SANM) - Get Report

shed 0.4% to $24.32 after the company closed its merger with

SCI Systems

. The new company will be called

Sanmina-SCI

.

Citigroup

(C) - Get Report

was inching up 0.1% to $49.66, and

Wells Fargo

(WFC) - Get Report

was tacking on 0.3% at $43.76. The

Nasdaq 100 Tracking Stock

(QQQ) - Get Report

was up 0.6% to $43.18.

Ericsson

(ERICY)

gained 0.7% to $6.10.

Oracle

(ORCL) - Get Report

was unchanged at $15.90, and

Cisco

(CSCO) - Get Report

was ahead by 0.5% to $21.90.

Choice One Communications

(CWON)

was one of the biggest winners of the extended session, trading up 10.3% to $3.85, and chipmaker

Transmeta

(TMTA)

was up 7.5% to $2.73. Also after the close,

US Airways

(U) - Get Report

was gaining 3.8% to $6.80.