Intel Corporation (INTC), Advanced Micro Devices, Inc. (AMD): Why This High-Yielding Tech Company Could Grow Tremendously

This potential deal has been rumored for some time now, and it has been reported that Intel Corporation (NASDAQ:INTC) and Apple Inc. (NASDAQ:AAPL) have been in talks for Intel to take over Apple’s A series mobile processors. Most Apple followers would agree that Apple needs to reduce its dependence on Samsung, and using Intel for its mobile processing needs would be the best way to do it.

Final thoughts
Intel Corporation (NASDAQ:INTC)’s core market (PCs) is not going anywhere, and while it may lose overall computing market share percentage-wise, the number of PCs sold is actually expected to rise over the next several years. Also, when looking at Intel’s current $53 billion annual revenue stream (without significant mobile processing revenue) and imagine the possibilities in Intel were to capture a sizable chunk of the smartphone market which is expected to ship 2 billion units annually by 2016.

Intel Corporation (NASDAQ:INTC)’s 4% dividend yield makes it a rare combination of growth potential and current income that is rarely seen in the tech sector, and it is certainly worthy of consideration for any portfolio.

The article Why This High-Yielding Tech Company Could Grow Tremendously originally appeared on Fool.com.

Matthew Frankel owns shares of Apple. The Motley Fool recommends Apple and Intel. The Motley Fool owns shares of Apple and Intel. 

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