Intel’s shares rose 3 percent to $32.42 in after market trading. Analysts had expected a profit of 41 cents per share, according to Thomson Reuters I/B/E/S. Intel has been lagging behind rivals such as Qualcomm Inc and ARM Holdings Plc — the British company behind the processor in Apple’s iPhone 6 — in the fast-growing smartphone market. Intel forecast current-quarter revenue of $13.2 billion, plus or minus $500 million.