Qualcomm to Expand in China and 4 Chip and Big Data Stocks on the Move
Intel Corporation (NASDAQ:INTC): Current Price: $20.99
CCI has given its approval to Intel’s proposed acquisition of Motorola Mobility’s certain assets including patents, as it claims tht the combination would not have any direct impact on competition in India. Intel is to acquire certain assets of Motorola Mobility, like non-Indian intellectual property rights, including patents and patent applications. Furthermore, Intel would purchase tangible assets of the company located in the US besides obtaining the rights to hire some American employees of Motorola Mobility, among others.
Broadcom Corp. (NASDAQ:BRCM): Current Price: $34.02
Wall Street predicts that Broadcom will report earnings rising 15.6 percent over a year ago when it reports its Q4 earnings on Tuesday, January 29, 2013. The consensus estimate is 52 cents per share, which as risen from earnings of 45 cents per share a year ago.
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QUALCOMM Incorporated (NASDAQ:QCOM): Current Price: $64.40
Qualcomm has begun to seriously consider expanding in China as it faces heavy competition on that particular market from MediaTek, the Taiwanese chip maker that has always focused on low-cost solutions. MediaTek’s first quad-core processor is scheduled to debut in shipping smartphones in China over the next few weeks and Qualcomm can’t wait for its Snapdragon S4 Play MSM8x25Q solutions to compete with the MediaTek MT6589.
Rambus Inc. (NASDAQ:RMBS): Current Price:
Rambus Inc. is scheduled to hold a conference call on January 24, 2013 at 2 p.m. Pacific Time in order to discuss its Q4 and fiscal year 2012 financial results.
EMC Corporation (NYSE:EMC): Current Price: $25.03
During the past three months, EMC Corporation insiders sold $20.44 million worth of shares, ranging in price from $24.69 to $25.15 each. The company should release its Q4 and full-year 2012 financial results on January 29, 2013.
Investing Insights: International Gaming Technology Rally Already Fading.