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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 216.95+0.8%10:17 AM EST

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From: Mahmoud Mohammed8/12/2015 3:54:13 PM
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The "Silence" is Deafening ... One Factor Bringing Intel (INTC) Stock Up

"NEW YORK (TheStreet) -- Shares of Intel (INTC - Get Report) were gaining 1.6% to $29.43 Wednesday following a research note from analyst firm Northland Capital Markets.

Analyst Gus Richard wrote that Intel won as much as 50% of Apple's (AAPL) iPhone business for the new models due later this year, according to Barron's.

"Apple has been evaluating Intel's model for a while," Richard wrote. "We now believe that Intel will capture roughly 50% of Apple's modem business in the upcoming iPhones due to launch September 9th."


thestreet.com

Mahmoud
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