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
€28.47
2.080%
Our community is currently high on Intel Corp. with 27 Buy predictions and 13 Sell predictions.
With a target price of 40 € there is a positive potential of 40.5% for Intel Corp. compared to the current price of 28.47 €.
