3 Chip Stocks to Note: Qualcomm Could Benefit from LG, Intel Continues Evolution in Chips, and AMD Grabs Some Market Share
Qualcomm (NASDAQ:QCOM): Rumors are mixed on the next Nexus phone, with the computing unit to be used uncertain.It was first speculated at unwiredview.com that Motorola instead of LG would be making the phone, opting for a cheaper version of Qualcomm’s Snapdragon processor lineup. Now, the website has been told that LG is in fact going to produce the phone and opt for the newer, nicer, and ultimately more expensive version of Qualcomm’s chipset.
Intel (NASDAQ:INTC): The chip giant is exploring new ways to make its products more adaptive to data and cloud needs as the need for information management continues to boom. Ron Kasabian, general manager of big data solutions at Intel, told PCWorld: ”It takes a while to get silicon to market. We understand where we can optimize for silicon, and there are certain things to [improve] for performance and optimization.”
AMD (NYSE:AMD): The market for graphics add-in boards declined by 5.4 percent in the third quarter of 2013, though AMD was able to grab an increased slice of the remaining market. Shipments of AIBs declined by 5.2 percent, during which time AMD was able to increase shipments by 0.8 percent amid a decline of 8.9 percent by rival Nvidia.