3 Chip Stocks to Note Now: Intel Buys Omek, Broadcom Slides on S 4 Design Loss, and Qualcomm’s Big Tablet Plans

Intel Corp. (NASDAQ:INTC): Intel has acquired Israeli firm Omek Interactive, which specializes in gesture-motion software and technology, for $40 million. Seeking Alpha notes that Intel has a long track record of investing in and sometimes purchasing developers of technologies that the chip giant thinks can drive demand for more powerful CPUs, and perhaps help build an ecosystem around them.


Broadcom (NASDAQ:BRCM): Shares of Broadcom have slipped after Barclays got its hands on a Samsung (SSNLF.PK) Galaxy S 4 mini teardown, in which it was revealed that Qualcomm (NASDAQ:QCOM) has booted Broadcom as the supplier for the device’s Bluetooth and Wi-Fi WLAN combo chip. Broadcom makes 28-30 percent of its sales from combo chips and maintains a dominant share of the combo chip market, helped largely by design wins for smartphone staples like the iPhone 5 and Galaxy S 4.


Qualcomm (NASDAQ:QCOM): Qualcomm is about the break into the tablet market and, in the company’s eyes, drive a wedge further between itself and rival Intel. Raj Talluri, a senior vice president at the company, estimates that the upgraded Snapdragon units will find their way into 200 smartphones and tablets. “You’ll see a whole bunch of tablets based on Snapdragon 800 in the market this year,” Talluri said to Bloomberg. “There’s a lot of talk about Intel and tablets. Clearly we see them still being far behind in mobile.”


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