Intel Corporation (INTC) News: Atom Chip, Anxious Challengers, Outperformed Competitors & More

Editor’s Note: Related tickers: Intel Corporation (NASDAQ:INTC), Apple Inc. (NASDAQ:AAPL),, Inc. (NASDAQ:AMZN), Google Inc (NASDAQ:GOOG), Wells Fargo & Co (NYSE:WFC), ARM Holdings plc (NASDAQ:ARMH), QUALCOMM, Inc. (NASDAQ:QCOM), NVIDIA Corporation (NASDAQ:NVDA)

Intel develops new Atom chip for smartphones, tablets (Pardaphash)
Global chip maker Intel Corporation (NASDAQ:INTC) has designed and developed a new Atom microprocessor in 22 nanometer (nm) to power a range of smart phones and tablets for higher performance with less power consumption, a company official said. “Our forthcoming Atom chip and Silvermont micro-architecture will accelerate mobile computing of smart phones and tablets to enrich user experience,” Intel Asia-Pacific product marketing manger George Chacko said at a preview of the latest devices here. Noting that the mobile device ecosystem in India was evolving rapidly with lot of innovation, Chacko said increasing product localisation would drive greater differentiation.

Intel Corporation (NASDAQ:INTC)

Intel Not Stopping with Haswell Dominance, Plans to Release Atom Chip for Tablets and Smartphones (IBTimes)
The mobile device industry has proven to be one of the most prospering industries today. Global chip maker Intel Corporation (NASDAQ:INTC) is eyeing the same industry. With their release of Haswell processors, majority of the market’s ultrabooks runs on Intel, this new venture will further boost the position of the company in tech and manufacturing. Intel Corporation (NASDAQ:INTC) has been working on the Atom microprocessor in 22 nanometer (nm). The company intends to power tablets and smartphones with their Atom processor offering less power consumption and high performance just like computing devices on Haswell. A company official has also confirmed the development and release of Atom.

Intel’s IPTV service has competitors scared (BroadcastEngineering)
It looks like Intel Corporation (NASDAQ:INTC) has the traditional pay television industry shaking in its boots. Plans for its anticipated Internet TV service this year are advancing rapidly and the company is offering to pay as much as 75 percent more than traditional cable rates for programming. Intel said it plans to compete with Apple Inc. (NASDAQ:AAPL),, Inc. (NASDAQ:AMZN) and Google Inc (NASDAQ:GOOG) by offering a set-top box and a line-up of live and on-demand programming—all over the Internet without cable or satellite connections. However, what scares traditional cable and satellite providers most is Intel Corporation (NASDAQ:INTC)’s plans to break up the bundling of program offerings with smaller and lower-cost content packages.

Intel Rating Reiterated by RBC Capital (INTC) (WatchlistNews)
Intel Corporation (NASDAQ:INTC)’s stock had its “outperform” rating restated by analysts at RBC Capital in a research report issued to clients and investors on Thursday, Stock Ratings Network reports. They currently have a $29.00 price objective on the stock. RBC Capital’s price target would suggest a potential upside of 16.05% from the company’s current price. A number of other analysts have also recently weighed in on INTC. Analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Intel in a research note to investors on Tuesday. They now have a $18.00 price target on the stock. Separately, analysts at Wells Fargo & Co (NYSE:WFC) reiterated an “outperform” rating on shares of Intel in a research note to investors on Monday.

Intel Dominates Over Samsung, Qualcomm and Nvidia Processors, Haswell Processor Delivers Its Promise (IBTimes)
Intel Corporation (NASDAQ:INTC)’s Z2580 application processor, also known as CloverTrail before launching, defeated other leading processors in a benchmarking exercise. Intel outperformed competitors like QUALCOMM, Inc. (NASDAQ:QCOM), NVIDIA Corporation (NASDAQ:NVDA) and Samsung in a test according to Allied Business Intelligence Inc. Allied Business is affiliated with ABI Research. ABI Research revealed that Intel Corporation (NASDAQ:INTC) processor is the best in reducing power consumption in smartphones. It is now a top player and lower compared to equivalents based on the ARM architecture licensed from ARM Holdings plc (NASDAQ:ARMH). This type of performance is necessary for high-end smartphones running many applications.