3 Chip Stocks to Note Now: AMD’s Big-Screen Debut, iPhones a Plus for Broadcom, Intel Goes Low Power
Advanced Micro Devices (NYSE:AMD): AMD will be basking in front of the cameras in the upcoming flick Machete Kills, featuring Danny Trejo. ”We believe this film is going to be one of the fall’s biggest hits, and AMD is proud to be part of the magic,” said Colette LaForce, senior vice president and chief marketing officer for AMD. In the film, the character Machete and his counter-surveillance team rely on systems powered by AMD technology, heavily featured in the movie itself.
Broadcom (NASDAQ:BRCM): Shares of Broadcom had a favorable day during Friday trading as the new Apple iPhone 5S and 5C hit stores. Broadcom’s chip is used for the touchscreen controller in both phones, according to iFixit, which tore the phones down on Thursday. Apple could sell up to 6.5 million iPhones during the weekend, Cantor Fitzgerald analyst Brian White said in a note.
Intel Corp. (NASDAQ:INTC): Though the method may not see real-world applications, Intel was able to power one of its microprocessors with a glass of red wine. Yes, the drink. “If we want to have mobile technology that doesn’t burden us down, that knows us, it turns out we’re going to need really, really low power,” Genevieve Bell, Intel’s director of user experience research, said.