Intel CEO Rumors Churn and 4 Chip and Big Data Stocks on the Move
Intel Corporation (NASDAQ:INTC): Current Price: $21.05
Since it has already reported its Q1 results, Intel will likely announce its new CEO soon. Chairman Andy Bryant is head of the search, and he knew all the internal candidates prior to the commencement of the CEO search. Intel claims it will also consider external candidates, but it will likely hire from within.
Broadcom Corp. (NASDAQ:BRCM): Current Price: $34.15
Broadcom Corporation is a global innovation leader in semiconductor solutions for wired and wireless communications, and today, the company announced the StrataConnect Series of switch system-on-a-chip (SoC) solutions intended for small-to-medium business SMB networks. Broadcom’s new SoCs combine Layer 2 and Layer 3 (L2/L3) switching, 16 gigabit Ethernet physical layer transceivers, 10 GbE and high-performance central processing unit CPU onto a single piece of silicon, which delivers enterprise-class features to the SMB network.
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QUALCOMM Incorporated (NASDAQ:QCOM): Current Price: $63.83
Although Apple sales have fallen, Qualcomm results will continue to rise as sales to Samsung and others offset the shortfall, claims analyst T. Michael Walkley of Canaccord Genuity.
Rambus Inc. (NASDAQ:RMBS): Current Price: $5.53
Rambus has announced its R+ memory interface. The company’s LDDR3 modules for portable consumer electronics devices will be the launch product for its memory interface.
ARM Holdings plc (NASDAQ:ARMH): Current Price: $40.85
The company’s short interest saw a 1.7 percent increase to 101.23 million shares, which is 16.8 percent of the company’s total float.
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