SAN FRANCISCO (MarketWatch) - Intel Corp. /quotes/comstock/15*!intc/quotes/nls/intc (INTC 20.48, -0.01, -0.03%) on Tuesday reported a third-quarter profit of $1.9 billion, or 33 cents a share, compared with a profit of $2 billion, or 35 cents a share for the year-earlier period. Revenue was $9.4 billion, down from $10.2 billion for the same period last year. Analysts had expected the Santa Clara, Calif.-based chip giant to report earnings of 28 cents a share, on revenue of $9 billion, according to a consensus survey by FactSet Research. For the current quarter, Intel said it expects revenue of $10.1 billion, plus or minus $400 million. Analysts had expected the company to report sales of $9.5 billion, according to FactSet Research data