You only need to support one moving average and that is the moving average that contains the high volume on the LMT sale day. Currently it is the 170 MA as of yesterday but today it will be the 171 MA and the day after the 172 MA etc etc. Its value is currently $2.80 and only price dips below this moving moving-average current price need supporting as the stock is self-supporting and consolidating and strengthening above this price in the absence of any news. So IMHO you should keep your powder dry above this moving moving-average current price for supporting even higher prices in the future as this moving moving-average keeps moving up and encountering the tough resistance in the $3-4 range. This will become a virtuous self-feeding circle in the end.
probably a by-product of all recent moving averages that peaked at 2.80 being converted into support below the stock price. TA wise the air is a bit thin above these averages, just historical resistance and some old moving averages stretching back years. The future long term assault on $3+ began today.
shame Chinese buyers still prefer Intel x86 chips regardless of what the Chinese govt prefers which was originally MIPS if you had the first clue about Chinese computing history.
China tried to make MIPS the standard PC/Server ISA for China, how well did that turn out ? Intel still sells the lions share of chips in China and will continue to do so regardless what clown company buys AMD.
How big is AMD's market in Asia ? It can't survive on its entire world market now which will be cut off from it if a Chinese company does something illegal with the x86 ISA. Go peddle this fantasy on the AMD board where it belongs. I
a pirate x86 ecosystem will not be tolerated by worldwide software companies. Stop peddling your fantasy over here idiot.
Intel has never paid a dime in x86 licensing fees and never will, the agreement is totally one way and Intel can just refuse to grant any AMD buyer access to a x86 license which with the emergence of ARM and the fact that the prospective buyer is Chinese just may be accepted by authorities meaning AMD will die.
No, any extensions to x86 are free to Intel, it is an unequal license because it is Intel's IP originally.
All x86 architecture has had integrated gpus for years now so obviously gpus are not too complex for Intel to do. Larrabee was an attempt to do gpu architecure in another way and was basically the project of two architects trying something different so basically was a research project which Gelsinger then got carried away with and started pumping in advance which cost him his job ultimately. This research project proved far more suitable for multi-core computational applications as I said it would at the time. However there are rumors that some of the Larrabee concepts will turn up in future x86 integrated designs so this non-conventional long term threat to your beloved Nvidia gpus is not yet over.
Troll, Intel makes more profit each quarter even after paying for mobility investment, dividends and stock buybacks than your beloved but pathetic Nvidia makes in revenue. That is the only obvious you need to concern your tiny little mind with as well as the fact INTC has doubled since 2011 while NVDA is still down after their CEO pretended he was going to take over mobile chips which Intel is actually doing.
Price dumping is legal for all non-monopolies and Intel is a non-monopoly in mobility. I confess you are too stupid to realize this after already having been told once.
Well certainly the stock is now above all its recent moving averages which peak with the 167 MA at 2.80 and it only took a month or two of the buyback facility to get there. There might be a dip come earnings time but still it is looking good long term chart wise as it is much easier to maintain a stock price if you are above all your moving averages i.e. less selling pressure.
Only monopolies get get done for price-dumping and Intel is further away from being a monopoly in mobility than AMD is in x86 chips :). Keep smoking your gun :).
$4.6bn loss is pretty immaterial when the rest of the business pulls in $20bn. This is something Intel can persist with until the last poor ARM shop closes up leaving only the giants left to compete with. It is also a loss that will become a profit in time as Intel gets better at producing cheaper smaller and more integrated mobile chops. Intel already has 10nm worked out while the foundries are stumbling at FinFETs on a 20nm BEOL. Intel followed the same high investment strategy in servers and it became no.1 over a decade and the same will happen in mobility. Intel wins again, SSDD !
Back in the real world Intel never entered the gpu business in the first place as it did not produce a single production discrete gpu. Larrabee became a supercomputer chip instead, Xeon Phi, at which it is very successful.
Do you seriously think Intel spends a lot of money to enter a market in force and then gives up after a year ? Intel has already said it will sell a similar number of tablets this year and by the time 64-bit chips/os are standard Intel will be the major merchant player in tablets.
'WinRT was an attempt by MS to create a walled garden'
which obviously failed because Atom tablets provided equivalent performance and battery endurance without having to give up legacy software. If ARM was so intrinsically superior for mobility as falsely claimed by all the ARM fans for so many years they would have succeeded. MSFT was equally nonplussed about creating a legacy windows substitute for x86 as it provided no performance/power/price incentive to do so. This is a fundamental failure of the architecture which failed to be disruptive as claimed by all the ARM fanboys and dumb analysts for many years.
46m tablets depriving ARM and its licensees marketshare is a victory and a continuous one which has not affected INTC stock price or its ability to produce positive net profits every quarter. Intel spends 3 times more on buyback and dividends than it does on mobile so its just financial noise to Intel although you seem to think in your finite wisdom that it is a big deal when it can just rightly be considered investment for the future.