Bull_Dolphin
3週前
On Fidelty this morning:
Factbox-Qualcomm's potential bid for Intel turns the spotlight on their products
REUTERS 7:18 AM ET 9/24/2024
Symbol Last Price Change
QCOM 165.96down 0 (0%)
INTC 22.56down 0 (0%)
TSM 174.76up 0 (0%)
MBLY 13.35up 0 (0%)
QUOTES AS OF 04:00:00 PM ET 09/23/2024
(Reuters) - Qualcomm(QCOM) has approached the once-dominant chipmaker Intel(INTC) for a potential buyout, turning the spotlight on the portfolio of products these chip companies have to offer.
A deal would unite Qualcomm's(QCOM) mobile-focused Snapdragon line with Intel's(INTC) dominant PC and server chip divisions, creating a semiconductor powerhouse.
Here are some of the areas where Qualcomm(QCOM) and Intel's(INTC) product lines would come together:
PROCESSORS
Intel (INTC) dominates the PC processor market with its Core series, which is widely used in desktops and laptops, while its Xeon series chips, designed to handle demanding workloads, are extensively used in servers and workstations.
Qualcomm (QCOM) is a leader in mobile chips, producing Snapdragon processors that are widely used in smartphones and tablets.
Intel (INTC) also produces Atom processors for low-power devices, while Qualcomm(QCOM) has been expanding into laptop processors with its own compute platforms.
MANUFACTURING
Intel (INTC) fabricates its chips in-house at company-owned facilities called "fabs," located in various parts of the world.
Qualcomm (QCOM) does not make its own processors but has partnered with contract manufacturers like Taiwan Semiconductor Manufacturing Co(TSM) and Samsung Foundry for chip production.
CHIP ARCHITECTURE
Intel (INTC) primarily uses the x86 computing architecture, which is standard in desktops, laptops, and servers.
Qualcomm (QCOM) relies on Arm Holdings' processor architecture, which powers smartphones and targets low power consumption. Computer code built for x86 chips will not automatically run on Arm-based designs.
Intel (INTC) has previously explored developing Arm-based chips, and software solutions are available to facilitate some compatibility between x86 and Arm architectures.
AUTOMOTIVE BUSINESS
Qualcomm (QCOM) also has a growing automotive business, focusing on technologies like connected cars, infotainment systems, and advanced driver-assistance systems.
Intel's (INTC) chips are used in vehicles, powering infotainment systems, digital instrument clusters, and more. The company's advanced chips for cars support AI features like generative AI and camera systems that monitor drivers and passengers.
Intel (INTC) also owns a majority stake in Mobileye Global(MBLY) and recently confirmed that it would not divest its majority stake in the self-driving tech firm.
(Reporting by Harshita Mary Varghese and Jaspreet Singh in Bengaluru; Editing by Tasim Zahid)
JJ8
3週前
On technical front, Intel share price had an Ascending Triple Top Breakout today on 20-Sep-2024.
UPDATE 6-Qualcomm approached Intel about a takeover in recent days, WSJ reports
17:31:36 PM ET, 09/20/2024 - Reuters
(New throughout, adds background on Intel's recent challenges and steps)
Sept 20 (Reuters) -
Qualcomm made a takeover approach to chipmaker Intel in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Intel's shares closed up 3.3%, while Qualcomm fell 2.9%. Qualcomm, with a market capitalization of $188 billion, is worth about twice as much as Intel.
An acquisition would put Qualcomm, known for its cell phone chips, in charge of a storied Silicon Valley business that created the guts of the modern PC but has been struggling to make the switch to chips that support AI.
Earlier this month, Reuters reported that Qualcomm explored the possibility of acquiring portions of Intel's design business and that its PC design unit was of particular interest.
PS: Today's volume was heavier than usual, trading 260,377,912 shares, versus an average of 52,297,501 shares per day during the last twelve months. The On Balance Volume indicator (OBV) shows that longer term selling pressure has given way to near term accumulation by traders as of 4:15 PM ET Friday, 09/20/2024
Bull_Dolphin
4週前
posted on Fidelity:
Remark AI Successfully Optimized on Intel Architecture
PR NEWSWIRE 9:00 AM ET 9/17/2024
Symbol Last Price Change
MARK 0.086down 0 (0%)
INTC 20.91down 0 (0%)
QUOTES AS OF 12:00:00 AM ET 09/16/2024
LAS VEGAS , Sept. 17, 2024 /PRNewswire/ -- Remark Holdings, Inc.(MARK) , a leading provider of AI-powered computer vision analytics, smart city, and smart agent solutions and a member of the Intel Partner Alliance , today announced that Remark AI's Smart Safety Platform (SSP) has been successfully optimized for the Intel Architecture.
Introduction to the Smart Safety Platform
Remark AI's Smart Safety Platform (SSP) is a cutting-edge artificial intelligence solution designed to meet the evolving needs of businesses across various industries. By harnessing the power of AI, Remark AI's Smart Safety Platform offers unparalleled efficiency, accuracy, and scalability, enabling organizations to drive innovation and achieve competitive advantages. Key features of the platform include AI-driven video analytics, customizable real-time alerts and notifications, and scalable integration with existing infrastructure, each tailored to enhance operational workflows, data analysis, and decision-making processes.
Optimization on Intel Architecture
To maximize performance and efficiency, Remark AI's Smart Safety Platform has been meticulously optimized for Intel Architecture, leveraging the advanced capabilities of OpenVINO. This optimization ensures that Remark AI's SSP fully utilizes the underlying hardware, resulting in faster processing times, reduced latency, and increased throughput for AI workloads.
The optimization process involved utilizing OpenVINO, which was applied to critical components of the Smart Safety Platform. These enhancements allow the solution to take full advantage of Intel's(INTC) powerful CPUs, and GPUs, making Remark's platform not only more efficient but also more versatile across different deployment scenarios.
Remark AI's Smart Safety Platform has been optimized on the 4th Gen Xeon scalable process with flex 140 GPU, which is renowned for its robust performance and reliability. The 4th Gen Xeon and flex GPU supports an extensive ecosystem of tools and libraries that further streamline the development and deployment of AI solutions, making it an ideal choice for Smart Safety Platform.
JJ8
4週前
Intel receives some much-needed good news as it reportedly wins new military contract
10:51:56 AM ET, 09/16/2024 - Briefing.com
Badly in need of a win amid a dreadful 2024 that has seen its stock plummet by about 60%, some positive news has finally emerged for beleaguered chip company Intel (INTC). Last Friday night, Bloomberg reported that INTC is in line to secure up to $3.5 bln in federal grants through The Pentagon's "Secure Enclave" initiative, which was created to help lessen the military's dependence on foreign chip manufacturers. By no means is this a game-changer for INTC that wipes the slate clean of all its troubles, but the new military contract is still a welcomed development that should provide its top-line and cash flow with a much-needed boost.
In terms of selecting a domestic chip maker for the Secret Enclave program, the government's options are quite limited. Up to 90% of the world's advanced semiconductors are manufactured in Taiwan -- the bulk of which are produced by Taiwan Semi Manufacturing (TSM) -- and INTC is one of the few, if not the only, chip manufacturer with the scale to meet the government's needs.This positioning has significantly benefitted INTC as the company has already racked up $8.5 bln in federal grants and $11.0 bln in loans through the CHIPS Act in support of its foundry expansion plans. However, INTC still faces a massive funding deficit given that it will need over $100.0 bln in capital over the coming decade to help construct new factories in Arizona, Ohio, New Mexico, Oregon, and abroad.Considering INTC's deep struggles and data center market share losses at the hands of NVIDIA (NVDA) and Advanced Micro Devices (AMD), there is an even greater sense of urgency for the company to shore up its financials. To put INTC's downfall into perspective, the company's cash flow from operations for the six-months ended July 1, 2024, was $1.07 bln compared to $6.7 bln for the same six-month period ended in 2022.On that note, a couple weeks ago Bloomberg reported that INTC is considering splitting its Product and Foundry segments in a shock move meant to help stop the bleeding. In Q2, the Foundry segment, which is core to INTC's "IDM 2.0 strategy", posted an operating loss of more than $(2.8) bln -- more than $1.0 bln worse than the year-ago period. Those mounting losses, combined with deteriorating sales, especially in the Data Center and AI (DCAI) segment (-3% in Q2), prompted INTC to initiate a huge headcount reduction plan of at least 15% of its workforce, which it also suspended its dividend.Whether INTC takes such drastic measures as splitting off the Foundry business remains to be seen, but selling off other non-core assets seems like a very plausible possibility. In fact, in another Bloomberg report from last week, it was reported that INTC is considering selling part of its Mobileye (MBLY) stake. After INTC spun MBLY off in an IPO in October 2022, it retained an 88% ownership stake in the chip maker for autonomous driving technology.
After a barrage of negative headlines over the past few months, there are few companies more in need of a narrative shift than INTC. This new military contract does offer a reprieve, although it doesn't resolve the underlying competitive issues that have engulfed INTC.