Qualcomm Leaks Key Lime Pie and 4 Chip and Big Data Stocks on the Move

Intel Corporation (NASDAQ:INTC): Current Price: $21.30

Intel showcased many reference designs at the Bett 2013 trade show, ranging from Windows Ultrabooks to Android tablets that are designed to be used in the classroom. One interesting idea that was being shown was the Intel Classmate PC, a 10in clamshell device running Windows 8. The PC was specifically designed for the classroom as it features such as a wide angle touch screen, robust waterproof keyboard, and multiple audio jacks and USB ports. Furthermore, the device is available with a 6-cell battery, which gives it a usage time of 11 hours.

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Broadcom Corp. (NASDAQ:BRCM): Current Price: $32.98

The company’s price target was lowered by Societe Generale to $36.50.

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QUALCOMM Incorporated (NASDAQ:QCOM): Current Price: $66.65

Those who own Android could potentially be able to use Key Lime Pie during the spring, according to leaked slides from a Qualcomm presentation, which indicates a springtime arrival for the next Android operating system update. The report was posted on a number of websites at midweek, but by Friday, details had nearly disappeared from the Internet due to Qualcomm officials demanding that some tech blogs remove the copyrighted information. This shows that some of the news was legitimate, according to CNET.

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ARM Holdings plc (NASDAQ:ARMH): Current Price: $42.57

ARM shares have been given a Sell rating with analyst Eoin Lambe at Liberum Capital who has continued to have concerns regarding future growth in the mobile/tablet market. The call has come ahead of ARM’s Q412 results which will likely meet expectations and there are signs that 2013 will be another strong year for licensing.

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Rackspace Hosting, Inc. (NYSE:RAX): Current Price: $76.34

Rackspace certified AMD’s SeaMicro SM15000 server to be used as part of its private cloud architecture which is designed around OpenStack.

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