Rackspace to OFFER Windows Server 2012 Support and 4 Chip and Big Data Stocks on the Move for the New Week

Intel Corporation (NASDAQ:INTC): According to Sterne Agee’s expectations, semiconductor makers will report weak results for Q2, but the firm also views the weakness within some key handset suppliers like  Qualcomm (NASDAQ:QCOM), RF Micro Devices (NASDAQ:RFMD), and Avago (NASDAQ:AVGO) as buying opportunities. Going into Q2 results, the firm also recommends  SanDisk (NASDAQ:SNDK) and Applied Micro Circuits (NASDAQ:AMCC) but keeps cautious in regards to Texas Instruments (NYSE:TXN) and Analog Devices (NYSE:ADI) because of valuation. Also, the firm states that Intel (NASDAQ:INTC) faces headwinds into 2H12 because of the Windows 8 transitions. The firm keeps a Neutral rating on the stock. The shares traded down $0.13 (0.5%) recently at $26.03.

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Broadcom Corp. (NASDAQ:BRCM): In an analyst recommendation study at major brokerages, in regards to the underlying components of the S&P 500, Broadcom Corp. has clutched the #49 spot from Apache Corp. (NYSE” target=_blank>NYSE: APA), the  ETF Channel reported. The shares traded down $0.84 (2.58%) recently at $31.73.

QUALCOMM Incorporated (NASDAQ:QCOM) switched a few foundry orders from  Taiwan Semiconductor (NYSE:TSM) to Samsung Electronics (SSNLF), but  it is possible that Nvidia (NASDAQ:NVDA) and AMD (NYSE:AMD) do not follow suit, DigiTimes reports citing industry sources. The shares traded down $0.09 (0.16%) recently at $55.22.

Rackspace Hosting, Inc. (NYSE:RAX), a provider of cloud service and application hosting,  will announce its support of the anticipated Windows Server 2012   enterprise operating system at the Microsoft World Partner Conference set to begin on July 9 in Toronto.

SanDisk Corp. (NASDAQ:SNDK): According to Sterne Agee’s expectations, semiconductor makers will report weak results for Q2, but the firm also views the weakness within some key handset suppliers like  Qualcomm (NASDAQ:QCOM), RF Micro Devices (NASDAQ:RFMD), and Avago (NASDAQ:AVGO) as buying opportunities. Going into Q2 results, the firm also recommends  SanDisk (NASDAQ:SNDK) and Applied Micro Circuits (NASDAQ:AMCC) but keeps cautious in regards to Texas Instruments (NYSE:TXN) and Analog Devices (NYSE:ADI) because of valuation. Also, the firm states that Intel (NASDAQ:INTC) faces headwinds into 2H12 because of the Windows 8 transitions. The firm keeps a Neutral rating on the stock. The shares traded down $0.54 (1.47%) recently at $36.17.

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