3 Chip Stocks to Note Now: Intel Rethinks Set-Top Camera, Broadcom Has Share to Gain, and Qualcomm Takes a Position in Alcatel
Intel Corp. (NASDAQ:INTC): Intel has dropped its plans for including a camera with face-detection software that was set to be included in the set-top box for its Web TV service. The camera would identify the individual watching TV and tailor the content to suit that person’s tastes. Apparently, the technology didn’t work well enough in the low lighting that is common when watching TV and also raised privacy questions, The Wall Street Journal reported.
Broadcom Corp. (NASDAQ:BRCM): Following the company’s weaker-than-expected third-quarter revenue guidance, Argus still believes Broadcom can gain considerable market share, particularly in the low- to mid-tier Android ecosystem. The firm keeps a Buy rating on the stock.
Qualcomm (NASDAQ:QCOM): Qualcomm is picking up a small stake in Alcatel-Lucent (NYSE:ALU) in order to work with the telecom provider on small-cell technology. The chipmaker’s position represents less than 5 percent in Alcatel, and, moreover, the move is ”symbolic of a wider partnership,” The Economic Times says. Financial details were not disclosed.