QUALCOMM Shares Dip and 4 Chip and Big Data Stocks on the Move
Intel Corporation (NASDAQ:INTC): There continues to be speculation that Intel could possibly leverage its expertise in semiconductor manufacturing as it pushes itself into the foundry business, basically taking on Taiwan Semiconductor and others in the business of producing chips for others. This speculation has surfaced mostly because of Apple, and already, Intel has made processors for the Mac. However, iPhones and iPads use a proprietary ARM-based processor which was produced for Apple by Samsung. It appears that Apple has been searching for alternatives, and options possibly could include Intel.
QUALCOMM Incorporated (NASDAQ:QCOM) makes wireless chips for the iPhone and iPad, and it has fallen $1.87, or 3 percent, at $60.89, and it dropped down to $59.44.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>
ARM Holdings plc (NASDAQ:ARMH) has risen 1.05 percent to $36.49 during pre-market trading, and the stock has a 52-week low of $21.64 and a 52-week high of $37.44.
Seagate Technology PLC (NASDAQ:STX) announced a new 2.5-inch hard drive that has been specifically designed and engineered to be used in 24/7 video applications. The hard drive has been targeted toward the DVR, set-top box, and surveillance market. The Video 2.5 HDD has been engineered specifically for performance and operation in three key areas of importance for the video industry.
SanDisk Corp. (NASDAQ:SNDK): Cisco (NASDAQ:CSCO) took a secretive role as the “Unnamed Silicon Valley industry titan” in WhipTail’s $31 million round, according to multiple sources, reports TechCrunch. SanDisk, along with other investors, participated in the round as well.
Don’t Miss: Is the iPad Mini Getting an Upgrade?