3 Chip Stocks to Note Now: Intel Needs More Mobile Wins, AMD’s Kaveri Delay is Confirmed, and Nvidia Brings Gaming to the Cloud
Intel (NASDAQ:INTC): Although it’s amassing efforts to pushing its mobile strategy forward, Intel CFO Stacy Smith says the company needs more mobile wins to keep up with the exploding market and ensure that Intel’s success continues — its processors can be found in some 80 percent of the world’s PCs. The company now believes its growth depends on low-power chips for portable devices as the PC industry continues to decline.
Advanced Micro Devices (NYSE:AMD): VR-Zone confirmed that AMD’s Kaveri chips — the company’s first APU to support its heterogeneous, unified memory architecture – will indeed be delayed until the first quarter of 2014 after rumors surfaced that the product was not going to make it on time. It was originally scheduled for a late 2013 launch date. Production of Kaveri will begin in December, with the market introduction sometime in February.
Nvidia (NASDAQ:NVDA): Moving graphical computations to a cloud-based source could free up some valuable memory and processing power on users’ PC at home. Nvidia has engineered what a possible solution could look like, one that uses a cloud to calculate indirect lighting in computer games. CloudLight essentially computes lighting data on a cloud-based server and transfers it back to the end user, Shack News reports. By focusing on indirect light, Nvidia can overcome latency, a common complaint associated with cloud involvement in computer games.
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