Intel’s Earnings Dented By Component Shortages

Intel Corp. disappointed investors even as it posted stronger third-quarter earnings as component shortages weighed on computer shipments and China’s crackdown on computer gaming hurt server-chip sales.

The world-wide chip shortage has caused car makers to idle plants and has led to higher prices on some electronics. Laptop makers have enjoyed strong demand for their devices, but have said shortages of some components have weighed on shipments, causing backlogs to swell.