Intel Corporation (NASDAQ:INTC) which is still regarded as the world number one chipmaker despite its reduced glory due to PC market troubles, has joined forces with Microsoft Corporation (NASDAQ:MSFT) and the association of private schools in Kenya in Private School Association (KPSA) a local umbrella of privately owned schools to help towards information technology acquisition in local schools. The companies and the association have come up with a device acquisition plan that would enable students and schools to acquire tablets, laptops, PCs and smartphones flexibly. Intel Corporation (NASDAQ:INTC) stock opened at $24.55 in last session, and closed at $24.50, while the day range of Intel Corporation (NASDAQ:INTC) stock is $24.30 – $24.59. The stock showed a positive weekly performance of -0.53%.
Zacks reiterated their neutral rating on shares of Advanced Micro Devices (NYSE:AMD) in a research report released on Friday morning, AnalystRatingsNetwork.com reports. Zacks currently has a $4.00 price objective on the stock. Zacks’ analyst wrote, “AMD is the second largest producer of microprocessors, GPUs and chipsets in the world. Its fourth-quarter earnings were in-line with the Zacks Consensus Estimate. However, the company provided a disappointing forward sales guidance. The company’s new products, strength in graphics, increased game console wins, advancements in 32nm manufacturing and position in China remain positives. Advanced Micro Devices, Inc. (NYSE:AMD) stock opened at $3.66 in last session, and closed at $3.67 by losing -1.08%. The 52 week range of $2.26 – $4.65. Company’s market capitalization is $2.78 billion.
ARM Holdings plc (NASDAQ:ARM) stock had its “outperform” rating restated by analysts at Credit Suisse in a research report issued to clients and investors on Monday, AmericanBankingNews.com reports. They currently have a GBX 1,050 ($17.57) price target on the stock. Credit Suisse’s price objective suggests a potential upside of 3.96% from the company’s current price. ARM Holdings plc (ADR) (NASDAQ:ARMH) stock decreased -1.87% and finished the last session at $49.26. The EPS of the stock remained 0.55. Company’s market capitalization is $22.96 billion.
Steven Mollenkopf, chief executive officer of Qualcomm Inc. (NASDAQ:QCOM) said Qualcomm has plenty of growth avenues, with the mobile-phone industry still early in providing consumers with what they want and emerging markets just beginning to migrate to more advanced wireless technology. QUALCOMM, Inc. (NASDAQ:QCOM) stock opened the session at $74.62, and closed the session at $$73.63. The 52 week range of the QUALCOMM, Inc. (NASDAQ:QCOM) stock remained $59.02 – $76.75 and the day range was $73.04 – $74.64.
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