Intel beat expectations for September-quarter profit as CEO Lip-Bu Tan’s drastic cost-cutting measures helped the chipmaker shore up its finances amid a slew of high-profile investments in the company. Shares were up 7 per cent in after-hours trading. This marks the Santa Clara, California-based company’s first earnings announcement after multibillion-dollar investments from Nvidia and Japan’s SoftBank as well as an unprecedented US government stake, with investors anticipating a major cash...