Intel’s Project Moonshot SPARKS Growth While More Chip and Big Data Stocks are on the Move
Intel Corporation (NASDAQ:INTC): In its Project Moonshot project to construct the type of low-cost, dense, energy-efficient servers more and more often used to deliver Internet/cloud services, H-P (NYSE:HPQ) is debuting a server system known as Gemini. As opposed to usual standalone servers, Gemini employs a mix of “server cartridges” that include low-power Intel “Centerion” Atom CPUs along with shared networking, storage and power/cooling resources. Project Moonshot also boasts ARM-based (NASDAQ:ARMH) CPUs. Shares of Intel traded up $0.08 (0.29%) recently at $27.5015.
Nvidia (NASDAQ:NVDA) is up following the company’s reveal that the ARM-based version of Microsoft Surface will run on a Tegra app processor (although the exact Tegra chip is not known). Google’s coming Nexus tablet is planned to employ a Tegra 3 processor. Microsoft’s (NASDAQ:MSFT) decision to use Nvidia is a small let-down for Qualcomm (NASDAQ:QCOMM), which revealed a Windows 8 partnership with Microsoft at CES.
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