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Intel Corporation (INTC) News: New TV Business, Silvermont Launching, Reacquiring Micron Technology, Inc. (MU)’s Israel Plant & More

Editor’s Note: Related tickers: Intel Corporation (NASDAQ:INTC), Micron Technology, Inc. (NASDAQ:MU), Viacom, Inc. (NASDAQ:VIAB), CBS Corporation (NYSE:CBS), News Corp (NASDAQ:NWS), Microsoft Corporation (NASDAQ:MSFT), Hewlett-Packard Company (NYSE:HPQ), Apple Inc. (NASDAQ:AAPL)

What’s in it for Israel to help Intel? (Haaretz)
While workers demonstrated outside Micron Technology, Inc. (NASDAQ:MU)‘s microchip plant in Kiryat Gat on Thursday, Intel Corporation (NASDAQ:INTC) CEO Brian Krzanich declared his commitment to the local operations of Intel Israel. His reference to the Micron Technology, Inc. (NASDAQ:MU) workers and the possibility of Intel reacquiring the plant could be good news for the Israeli subsidiary. The readiness of Intel Corporation (NASDAQ:INTC)’s world headquarters to buy Micron Technology, Inc. (NASDAQ:MU)’s Israeli plant is an indication that it considers Israel a good candidate for the location of its next 10-nanometer-chip fabrication plant. Using the Micron Technology, Inc. (NASDAQ:MU) plant’s existing infrastructure will apparently reduce the overall investment required. This is a good sign – but for sometime in the future.

Intel Corporation (NASDAQ:INTC)

Intel introduces Silvermont micro-architecture (BRecorder)
Intel Corporation (NASDAQ:INTC) on Saturday took the wraps off its brand new, low-power, high-performance micro-architecture named Silvermont. The technology is aimed squarely at low-power requirements in market segments from smartphones to the data center. Silvermont will be the foundation for a range of innovative products beginning to come to market later this year, and will also be manufactured using the company’s leading-edge, 22nm Tri-Gate SoC manufacturing process, which brings significant performance increases and improved energy efficiency.

Intel rolls out new Ivy Bridge SKUs (FudZilla)
Last week Intel Corporation (NASDAQ:INTC) officially released Haswell, but there’s still life in good old Ivy Bridge. The chipmaker has announced a range of low-end Ivy parts and even a Sandy Bridge based Celeron. The Celeron G470 is possibly the last consumer Sandy Bridge we will ever see. It is a single-core 35W part clocked at 2GHz and it’s priced at just $37. However, Ivy Bridge parts are a bit more interesting. They include the Celeron 1017, a dual-core, dua-thread chip clocked at 1.6GHz, with a TDP of just 17W. It costs $86 and should be a nice part for low-end laptops and nettops. The Celeron 1005M also costs $86, but it has a 35W TDP and a 1.9GHz clock.

Intel TV Ready to Spend Billions on Premium Content (HDTVTest)
Intel Corporation (NASDAQ:INTC) isn’t kidding around with its new internet TV service, with fresh reports stating that the computer chip maker is ready to splash out a whopping $2 billion to secure the rights to content from some of America’s biggest broadcasters. Reuters suggests that Intel’s new TV business, which is set to launch later this year, is prepared to shell out a massive premium of around 50% more than the usual subscriber fees in order to seal the deal. The report further claims that Intel Corporation (NASDAQ:INTC) is already in advanced negotiations with broadcasters including Viacom, Inc. (NASDAQ:VIAB), CBS Corporation (NYSE:CBS) and News Corp (NASDAQ:NWS), while it’s recently just began talking to NBC Universal. However, the company has yet to conclude any deals – with the exact rate it’s willing to pay the broadcasters yet to be agreed.

Hewlett-Packard Is Sick of Wintel (DailyFinance)
For decades, PC makers had little choice but to succumb to the Microsoft Corporation (NASDAQ:MSFT) and Intel Corporation (NASDAQ:INTC) hegemony known as Wintel. The software giant and chip maker both rose to ubiquity together, enjoying the most valuable roles in the segmented PC value chain. The vast majority of computers ran Windows and were powered by Intel processors during the rise of the PC. However, one PC maker has had enough: Hewlett-Packard Company (NYSE:HPQ). Hewlett-Packard Company (NYSE:HPQ) has been in turmoil for years. Mark Hurd’s controversial ouster in 2011 also came at a time when the broader computing industry was at an inflection point. Apple Inc. (NASDAQ:AAPL) had launched the iPad just a year prior, jump-starting the tablet renaissance. Leo Apotheker’s reign didn’t last long, and current CEO Meg Whitman’s turnaround is starting to take shape.

Intel Rating Reiterated by Jefferies Group (INTC) (DailyPolitical)
Intel Corporation (NASDAQ:INTC)’s stock had its “hold” rating reiterated by stock analysts at Jefferies Group in a report issued on Monday, Stock Ratings reports. They currently have a $27.00 price objective on the stock, up from their previous price objective of $24.00. Jefferies Group’s price target suggests a potential upside of 9.80% from the company’s current price. Other equities research analysts have also recently issued reports about the stock. Analysts at Piper Jaffray downgraded shares of Intel Corporation (NASDAQ:INTC) from a “neutral” rating to an “underweight” rating in a research note to investors on Friday.

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