Is the Galaxy Tab Win the Start of Something Big for Intel Corporation (INTC) Stock?

Page 1 of 2

It’s been more than 40 years since Intel Corporation (NASDAQ:INTC) invented the first microprocessor in 1971, and today, the company has grown into a $124 billion tech giant largely by providing powerful central processing units — the brains of traditional computers, if you will — to the ever-growing PC industry.

Unfortunately, the market for PCs has stagnated in recent years with the rise of mobile devices like smartphones and tablets, leaving many investors to wonder whether Intel Corporation (NASDAQ:INTC) will actually be able to survive the slow death of the PC.

Intel Corporation (NASDAQ:INTC)

To be sure, Intel Corporation (NASDAQ:INTC) stock has underperformed the S&P 500 index by a whopping 30% over the past year on the heels of three consecutive painful quarters, primarily as the company still found itself on the outside looking in as competitors like QUALCOMM, Inc. (NASDAQ:QCOM) and ARM Holdings plc (NASDAQ:ARMH) racked up design wins with their own energy-efficient mobile processors:

In fact, as of last month, Intel’s mobile Atom processors had primarily found homes within a variety of Microsoft’s Windows 8 tablets, which haven’t exactly been flying off the shelves compared with their iOS and Android-powered counterparts.

A Galaxy of opportunity
That’s why Intel Corporation (NASDAQ:INTC) stock finally began to gain steam three weeks ago after news broke that Samsung has chosen Intel’s Atom Z2560 mobile processor (aka “Clover Trail+”) to power at least one version of its Galaxy Tab 3 10.1. What’s more, when the folks at Intel confirmed the news with their own announcement a few days later, they elaborated to say the tablet would also include either Intel Corporation (NASDAQ:INTC)’s XMM 6262 3G modem, or its XMM 7160 4G LTE solution.

In short, considering Samsung’s earlier versions of the tablet utilized the energy-efficient offerings of ARM Holdings plc (NASDAQ:ARMH), this move represented a significant coup by Intel to snag market share and stifle the progress of its competition. Consider it no coincidence, then, that shares of ARM Holdings plc (NASDAQ:ARMH) have fallen more than 25% over the past month alone following the loss of one of its largest customers — when we remember Samsung’s tablets arguably stand alone as the single largest threats to Apple’s waning tablet dominance, Intel Corporation (NASDAQ:INTC) couldn’t have asked for a better product line as its first significant win in the mobile device space.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

The 10 Most Expensive Cruise Ships in the World

The 10 Fastest Supercomputers in the World

The 10 Best Countries for Doing Business 2015

6 Most Expensive Fruits In The World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!