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Jim Cramer's Thoughts on Intel's Earnings

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Intel (INTC) - Get Intel Corporation Report earnings were also released after the bell Thursday.

Adjusted earnings per share for the third quarter came in at $1.42, beating Wall Street's estimates of $1.33 and rising 1% year-over-year. Revenue was $19.2 billion, beating analysts expectations of $18.048 billion. Revenue was flat year-over-year.

Datacenter revenue was $6.4 billion, beating estimates of $5.6 billion. Client Computing revenue was $9.7 billion, against expectations of $9.59 billion. Internet of Things revenue was $1 billion, missing estimates of $1.124 billion.

Jim Cramer weighs in on the readthrough that Intel's earnings have for other semiconductor companies. 

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