3 Chip Stocks to Note Now: AMD’s Radeon 290X, Intel’s Investment Plan, Qualcomm Pays Up
Advanced Micro Devices (NYSE:AMD): AMD has launched its Radeon R9 290X graphics card, the company’s latest model intended for gamers. The product comes with a price tag of just under $550, which pits competitively against products from its competitors targeting a similar segment. Reviews of AMD’s product have been generally positive, saying that it delivers in terms of price and performance, though its power and cooling scores were not optimal.
Intel Corp. (NASDAQ:INTC): Intel Capital announced that it is investing some $65 million in various startups around the globe. Concerning issues such as cloud computing, wireless technology, and mobile services, the 16 companies represent some of the leading small technological innovators in their specialties.
Qualcomm Corp. (NASDAQ:QCOM): Qualcomm was forced to pay $173 million as part of a patent infringement lawsuit to ParkerVision (NASDAQ:PRKR) per the result of a federal court trial announced on Thursday. Though the fine is significant, it pales in comparison to the $500 million that ParkerVision was looking for, which caused ParkerVision’s stock to tank while Qualcomm’s has not taken much of a hit. The larger fine would have been incurred had the jury believed that Qualcomm had violated the patents on purpose, rather than accidentally.