Intel Corp. reported operating profit in its server chip business fell 14% to $1.88 billion in the fourth quarter. Meanwhile, its PC chip business reported revenue for 2016 of $32.91 billion, up 0.2%. "Intel Posts Stronger-Than-Expected Results," on Thursday at 4:17 p.m. ET and updates at 4:28 p.m. and 4:39 p.m. misstated the metrics.

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(END) Dow Jones Newswires

January 27, 2017 08:44 ET (13:44 GMT)

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