Intel Corp. (NASDAQ:INTC): Closing price $23.94
In efforts to branch out from its core PC chip business, Intel is launching efforts to put its server chips into machines that help bring smartphone data closer to users. Intel will be running tests with Nokia Siemens Networks Oy and South Korea’s SK Telecom Co., with its chips installed in the companies’ base station computers. With more powerful chips, base stations can better handle the enormous amount of data being processed and help ease web traffic and congestion.
Nvidia (NASDAQ:NVDA): Closing price $14.61
Nvidia has officially pulled the wraps off of its new Tegra 4 chip, which retains the same 4-plus-1 arrangement of its predecessor. Additionally, it also boasts 72 GeForce GPU cores, good for about six times the visual output of the Tegra 3. Built on 28 nm architecture, it also is the first quad-core processor with Cortex A15 cores on-board, and offers compatibility with LTE networks through an optional chip.
Qualcomm (NASDAQ:QCOM): Closing price $61.28
Lazard Capital has brought its rating on Qualcomm down from Buy to Neutral, pointing out that its flagship smartphones solution advantages are likely to weaken. Qualcomm has enjoyed a dominant position in the smartphone game, though numerous companies are turning to mobile solutions in efforts to make up for a slumping PC market.
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