Qualcomm Inc. Gives an Update on Data Center Efforts
Qualcomm (NASDAQ: QCOM) is the leading vendor of smartphone applications processors. Its premium chips for those devices face little competition from other component suppliers, meaning that unless a smartphone maker is willing -- and able -- to build its own competitive high-end smartphone chips (a difficult undertaking), it's likely to use Qualcomm's.
The company has also been very aggressive in transferring key technologies from its premium smartphone chips -- such as high-end cellular capabilities -- into its mid-range and low-end smartphone chips, a strategy that has helped it to bolster its position in those segments of the market, too.
Image source: Qualcomm.
Source: Fool.com
Intel Corp. Stock
€28.32
2.720%
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With a target price of 40 € there is a positive potential of 41.24% for Intel Corp. compared to the current price of 28.32 €.
