Intel Gets Cut to Hold ( benefit to AMCC)

[christopher]

All a benefit to AMCC 

"Jerome Ramel with Exane BNP Paribas cuts rating on shares of INTC to Neutral from Outperform"

"Ramel cuts his price target on INTC to $35 from $40."

"Ramel maintains an Outperform rating on ARM stock"

"ARM can grab a 25% unit share by 2020"

blogs.barrons.com/techtraderdaily/2016/04/04/intel-cut-to-hold-at-paribas-arm-camp-can-take-quarter-of-server-market-by-2020/?mod=yahoobarrons&ru=yahoo

[Admin]

Out-standing!

"The ARM-based server ramp-up will likely be slow. While we expect Applied Micro and Cavium server revenues to double this year and into 2017, this is off a very low base."

Base, schmase, I'll take it!

I think it's important to note too that not all these competitors are directly involved in servers, some are making IoT chips, but anyway.

"Applied Micro and Cavium are now on the cusp of revenue ramp-up from ARM-based servers."

Whoo-hoo!

"QCOM and Broadcom are also developing ARM-based server chips but these wont ramp-up until 2018."

Great find Chris!

[Admin]

The end of the line of INTC hegemony in the server market?

www.bloomberg.com/news/articles/2016-04-04/intel-senior-executives-skaugen-davis-leaving-company?cmpid=yhoo.headline