Intel Corporation (NASDAQ:INTC): Current price $24.49
The supply chain analysis firm IHSchips calculates that Intel chips can comprise up to 33 percent of a PC’s cost, giving the chipmaker power over prices for the product. On a conference call with investors in May, the former Chief Executive Paul Otellini launched the idea of bringing ultra-thin touchscreen notebooks pried at $200 to the market by the end of the year. Intel has been pushing the super-quick and untra-thin ultrabook, but sales have been disappointing, with many observers blaming price points of as much as the $1,000 price. Otellini was careful to acknowledge that a $200 device would need to use an “Atom” line of chips that are typically reserved for phones and tablets, contradicting Intel’s strict definition of what an actual ultrabook should be like, but those inexpensive ultrabooks might include other popular features such as a touchscreen and thin form factor.
General Electric Company (NYSE:GE): Current price $23.50
GE Healthcare plans a $2 billion investment during the next five years in software development. GE Healthcare, working jointly with GE Software Center of Excellence, will create new software solutions for more advanced diagnosis and improved care. This investment by GE Healthcare concentrates upon advancing current and future tech offerings via the convergence of machine and intelligent data which is called the Industrial Internet. GE will supply analytics, data, connectivity and insight into operational and departmental processes and workflows.
Micron Technology (NASDAQ:MU): Current price $12.49
Shares of the DRAM and NAND flash memory chip maker started off up on Wednesday, credited to Vijay Rakesh at Sterne Agee, who reiterated a Buy on the stock, and elevated his price target from $13 to $15, after raising estimates in accord with impressive DRAM demand and pricing strength in NAND for Micron’s fiscal third quarter that ended in May, of which Micron is expected to report on June 19th. Rakesh reiterated his projection for $2.19 billion in revenue, but increased his profit and loss estimate from a previous 3-cent-loss-per-share to a 2-cent profit, one cent better than consensus. However, shares are down more than 2 percent in late afternoon trading.