3 Chip Stocks to Note Now: Nvidia’s Tablet Lives, AMD’s Hawaii, ARM Holdings Will Underperform

Nvidia (NASDAQ:NVDA): Nvidia unveiled its much-rumored tablet, the Tegra Note, which will — to no one’s surprise — be powered by Nvidia’s own Tegra 4 processor. Additionally, the tablet, which comes in at 7 inches, will also feature a 1280 x 800 display, dual cameras, stereo speakers, and a stylus, with apps meant to take advantage of it. All said and done, it will cost $199, just like the Amazon (NASDAQ:AMZN) Kindle Fire HD.


Advanced Micro Devices (NYSE:AMD): Matt Skynner, the vice president and general manager of AMD’s Graphics Business Unit, confirmed that AMD’s new GPU, nicknamed Hawaii, will be based on 28 nm architecture like its predecessor. Skinner said the company chose to use 28 nm process because “At 28 nm for an enthusiast GPU, we can achieve higher clock speeds and higher absolute performance.”


ARM Holdings (NASDAQ:ARMH): Bernstein believes ARM Holdings’s stock reflects unrealistic long-term expectations, and the firm expects slowdowns in smartphone growth along with stepped-up competition from Intel (NASDAQ:INTC) to weigh on the shares. The firm keeps an Underperform rating on ARM Holdings.


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