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Intel's Moving Fast to Counter Qualcomm's PC Threat


Chip giant (NASDAQ: INTC) launched the first of its Core Ultra laptop CPUs, codenamed Meteor Lake, last December. Meteor Lake brought a bunch of changes all at once:

While Meteor Lake was a big step forward for Intel, a new competitor will give Intel a run for its money this year. Laptops powered by Qualcomm's (NASDAQ: QCOM) Arm-based processors are set to arrive in June from all the major PC OEMs as well as from Microsoft itself. Previous attempts to bring the Arm architecture to Windows have failed miserably, but this time looks different.

Qualcomm's new Snapdragon X Elite and Snapdragon X Plus processors are fast and efficient. While full benchmarks of Qualcomm-powered devices aren't yet available, early benchmarks indicate that the Elite X often outperforms Meteor Lake and even Apple's M3 chip in CPU-heavy tasks. The Elite X chip reigns supreme in AI workloads thanks to its powerful AI processor, running circles around Meteor Lake.

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Source Fool.com

Intel Corp. Stock

€27.92
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A loss of -2.000% shows a downward development for Intel Corp..
Our community is currently high on Intel Corp. with 22 Buy predictions and 12 Sell predictions.
With a target price of 38 € there is a positive potential of 36.13% for Intel Corp. compared to the current price of 27.92 €.
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