Rochester,NY 8/20/2009 9:19:45 PM
Intel Corporation INTC market underappreciates the chip maker's short and longer term growth prospects
Intel Corporation
The market "continues to underappreciate" the Intel Corporation's short and longer term growth prospects and profitability.
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The company seems to be on the cusp of getting back into growth. In July, the company posted better-than-expected quarterly results, indicating that demand for chips is improving. Experts expects strong gross margins, and said pricing on the company's Atom chips over the next several quarters "will be more benign and geared at driving price elasticity and profit growth." Atom is Intel's first microprocessor for "netbooks," which are mini-laptops that do less than regular laptops, but are very popular because they also cost less
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