Editor’s Note: Related Tickers: Intel Corporation (NASDAQ:INTC), Advanced Micro Devices, Inc. (NYSE:AMD), Broadcom Corporation (NASDAQ:BRCM), NVIDIA Corporation (NASDAQ:NVDA), ARM Holdings plc (ADR) (NASDAQ:ARMH)
Intel Plans to Push Atom Prices Down Further to Compete With Arm (Maximum PC)
Years ago Advanced Micro Devices, Inc. (NYSE:AMD) was putting pressure on Intel to continue innovating on the high end, but fast forwarded to 2013 and Intel is the last man standing. The new war is in ultra-low powered chips, and the company is years behind. Intel Corporation (NASDAQ:INTC)’s response to ARM was the ATOM series of processors, but they were stuck trying to power a heavy and bloated Microsoft OS, while ARM Holdings plc (ADR) (NASDAQ:ARMH) had custom designed operating systems that extended battery life, and created an entirely new market. This year the two companies are destined to meet in the middle, and it will be a pivotal moment in the history of computing. Intel has announced its plans to compete with the current crop of dirt cheap ARM based devices, and to the winner goes the spoils.
AMD Radeon HD 7990 Malta Sells For $96,100 On eBay (Cinema Blend)
The biggest, baddest, most powerful video card ever has been sold on eBay. The engineering sample of the card was let loose by eBay user wowbagger1234. He initially started selling the device for $30,000 but that price was curb-stomped by a lot of big eBay players who brought the final bid to a massive $96,100. The user who won the card on eBay originally bid $40,000 even on the card, but was quickly outbid by about a dozen other users. Finally, the winner retracted his original bid and then clocked it up a notch to $96,100. Impressive.
Forbes Earnings Preview: Broadcom (Forbes)
Analysts foresee Broadcom Corporation (NASDAQ:BRCM) announcing decreased profits on Tuesday, April 23, 2013, when it reports its first quarter earnings. Despite this, they are generally optimistic about the stock. Analysts are projecting Broadcom to come in with earnings of 35 cents per share, down 5.4% from a year ago when it reported earnings of 37 cents per share. Over the past three months, the consensus estimate has fallen from 38 cents. For the fiscal year, analysts are expecting earnings of $1.95 per share. Revenue is expected to be $1.91 billion for the quarter, 4.5% higher than the year-earlier total of $1.83 billion. For the year, revenue is expected to come in at $8.45 billion.
ARM Holdings plc Upgraded by Goldman Sachs to Conviction-Buy (ARMH) (Zolmax)
Goldman Sachs upgraded shares of ARM Holdings plc (ADR) (NASDAQ:ARMH) from a buy rating to a conviction-buy rating in a report issued on Wednesday, TheFlyOnTheWall.com reports. Shares of ARM Holdings plc traded up 0.54% during mid-day trading on Wednesday, hitting $39.815. ARM Holdings plc has a 52 week low of $21.64 and a 52 week high of $44.47. The stock’s 50-day moving average is currently $41.57. The company has a market cap of $18.534 billion and a P/E ratio of 71.35.
Nvidia’s GTX Titan LE and Titan Ultra leaked (ExtremeTech)
The report comes out of 3DCenter.org, which suggests that NVIDIA Corporation (NASDAQ:NVDA) will be giving the Titan two new buddies, expanding the card’s moniker into…