Better Chip Stock: Arm Holdings vs. Intel
's (NASDAQ: INTC) worst mistake in recent history was its failure to make the technological leap from personal computer CPUs to mobile CPUs. It flopped because the British chip designer Arm Holdings (NASDAQ: ARM) licensed more power-efficient designs to chipmakers like Qualcomm, MediaTek, and Apple.
Intel (which divested its own Arm-based chip unit in 2006 and actually rejected Apple's offer to produce the CPUs for the first iPhone) thought it could conquer the mobile market with more power-efficient versions of its x86 CPUs. But it was dead wrong, and Arm-based chips now power over 95% of the world's smartphones.
Image source: Getty Images.
Source Fool.com
Intel Corp. Stock
€87.92
1.590%
Our community is currently high on Intel Corp. with 46 Buy predictions and 24 Sell predictions.
On the other hand, the target price of 70 € is below the current price of 87.92 € for Intel Corp., so the potential is actually -20.38%.
