Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Why Intel Corporation (INTC)’s Big Plans Are Beating the Dow Jones Industrial Average (.DJI)’s Drop

Page 1 of 2

The markets are moving sluggishly to open this week of investing. The Dow Jones Industrial Average (Dow Jones Indices:.DJI) is taking a breather after last week’s wild up-and-down ride, and Intel Corporation (NASDAQ:INTC) stock has taken an early lead on the index. The U.S. economy got some good news earlier in the day when ratings firm Standard & Poor’s upgraded the American credit outlook from “negative” to “stable.” The agency added in a warning that it expects future fiscal issues, such as the debt ceiling, to remain politically divisive in the future, which could hurt economic decision-making going forward.

Let’s take a look at why investors are cheering Intel Corporation (NASDAQ:INTC) on today.

Intel Corporation (NASDAQ:INTC)

Intel embraces the future
Intel Corporation (NASDAQ:INTC)’s shares have picked up 1.6% as of 2:30 p.m. EDT to lead the Dow higher, and a recent slate of good news from the company has investors thinking optimistically. The chip maker scored a huge win recently when electronics maker Samsung chose Intel to provide chips for its Galaxy Tab 3 10.1 phone — a giant step forward for the company, whose rivals have raced past it in the mobile industry. Intel already boasts chips in a number of tablets set to arrive across the mobile sphere, and the phone market will provide the last entry point this company needs to become a major mobile player.

If Intel Corporation (NASDAQ:INTC) can solidify a deal with Samsung and firm up that relationship for the future, it will be well-placed to capitalize on one of the biggest mobile-producers on the market. It helps that Intel’s newest processors have received high praise: ABI Research analysts offered strong approval of the company’s latest Atom processor, saying it performs well against rival products from QUALCOMM, Inc. (NASDAQ:QCOM) and others.

Considering that QUALCOMM, Inc. (NASDAQ:QCOM) has long been one of the most dominant chip-makers in the mobile industry and is perhaps Intel’s most significant competitor in the market, Intel Corporation (NASDAQ:INTC) will need to keep this outperformance up. Qualcomm won’t sit and watch as its rival dazzles the mobile market. The firm’s Snapdragon 600 line of chips has impressed major phone-makers such as Samsung and HTC, and Stene Agee analyst Vijay Rakesh reported to ZDNet that Qualcomm could capture up to 70% of the chip-making for Samsung’s Galaxy S4s.

Page 1 of 2
Loading...