Intel Corporation (NASDAQ:INTC) Planning to remove Thunderbolt 3 royalties

Intel Corporation (NASDAQ:INTC) Planning to remove Thunderbolt 3 royalties

Intel Corporation (NASDAQ:INTC) Planning to remove Thunderbolt 3 royalties

  • Intel is planning to get rid of the royalties it charges third-party chipmakers that use its Thunderbolt 3 specification sometime next year
  • Thunderbolt 3 is one of the most versatile USB-C solutions out there, with fast speeds and charging, but Intel’s licensing fees also meant that its more expensive to use. By opening up the protocol, Intel hopes to encourage “broader adoption in the ecosystem, with a lot of different peripherals and other devices,” Jason Ziller, who leads Intel’s Thunderbolt development, tells Wired.
  • Intel is also reportedly working to integrate Thunderbolt 3 into future CPUs, which should also help adoption.
  • The launch of Intel’s next generation of High-End Desktop (HEDT) processors, is being looked forward to by PC communities

Intel, US, Computers, PC, CPU, HEFFX, Shayne Heffernan, NASDAQ, INTC, i9

Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. The Company’s segments are Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Intel Security Group (ISecG), Programmable Solutions Group (PSG), All Other and New Technology Group (NTG). It delivers computer, networking and communications platforms to a set of customers, including original equipment manufacturers (OEMs), original design manufacturers (ODMs), cloud and communications service providers, as well as industrial, communications and automotive equipment manufacturers. It offers platforms to integrate various components and technologies, including a microprocessor and chipset, a stand-alone System-on-Chip (SoC), or a multichip package. The CCG operating segment includes platforms that integrates in notebook, two in one systems, desktop computers for consumers and businesses, tablets, and phones.

Overall, the bias in prices is: Sideways.

Short term: Prices are stalling.

Intermediate term: Prices are ranging.

The projected upper bound is: 37.23.

The projected lower bound is: 35.34.

The projected closing price is: 36.28.

INTEL CORP closed up 0.140 at 36.260. Volume was 45% below average (neutral) and Bollinger Bands were 21% wider than normal.

Open         High          Low            Close          Volume
36.120      36.390      36.060       36.260      13,148,542

Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish

Moving Averages: 10-period         50-period        200-period
Close:                       35.67                 35.94                36.03
Volatility:                17                       17                       20
Volume:                   19,187,560      21,566,480      21,885,612

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary
INTEL CORP is currently 0.6% above its 200-period moving average and is in an downward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of INTC.O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on INTC.O and have had this outlook for the last 9 periods. Our momentum oscillator has set a new 14-period high while the security price has not. This is a bullish divergence.

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 87.2463. This is an overbought reading. However, a signal is not generated until the Oscillator crosses below 80 The last signal was a buy 7 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 54.20. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 19 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 81. This is not a topping or bottoming area. The last signal was a buy 4 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 0 period(s) ago.

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John Heffernan

John Heffernan is a Junior Analyst at HEFFX. John is studying Economics and is a contributor on equities at Live Trading News.

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