ARM Holdings Reiterated at Market Perform and 4 Chip and Big Data Stocks on the Move
Intel Corporation (NASDAQ:INTC): The company’s platform, which features Atom processors, is available on storage systems from QNAP, Asustor, and Thecus, and there will be more in the near future. As various organizations of all sizes fight to deal with the increasing data volume that is vital to their business, Intel attempts to reach for small and midsize businesses in its Oct. 4 release of its Atom processor-based storage platform, formerly called Milstead, which features the company’s D2550 and D2500 Atom processors. Asustor, QNAP Systems, and Thecus all integrated into their AS 6 Series, TS-x69 Series, and N5550 and N4800 NAS server storage appliances. According to the company, more companies would integrate the platform into their storage solutions in the near future. “Turbo NAS showcases the potential of the graphics capability of the Intel Atom processor,” QNAP product manager Jason Hsu stated.
Broadcom Corp. (NASDAQ:BRCM) launched its 28 nanometer (NYSE:NM) XLP200-Series, a new line of low-power multicore communications processor solutions optimized to meet the performance, scalability, and efficiency demands of enterprise, service provider 4G/LTE, datacenter, cloud computing, and software defined networking environments.
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QUALCOMM Incorporated (NASDAQ:QCOM) broadened its Snapdragons portfolio so it would include two new entry-level chipsets assisting in in targeting the demand for smartphones in emerging markets. The chipsets, MSM8225Q and MSM8625Q, are both quad-core iterations of existing S4 Play chipsets and should make a first appearance in commercial devices during Q1 2013.
ARM Holdings plc (NASDAQ:ARMH) stock had its “market perform” rating maintained at Sanford C. Bernstein in a research note that was released to investors on Friday. The firm now has a $7.93 (490 GBX) price target on the stock.
SanDisk Corp. (NASDAQ:SNDK): Contract prices from NAND flash memory stopped falling and started to rise during 2H of September, DigiTimes states, according to DRAMeXchange. Late September contract prices for 32Gb MLC chips saw a rise of about 8.6 percent and an average of $2.41.