INTEL GETS INTO IPHONE 7 FOR THE FIRST TIME, SHOULD YOU BUY? $INTC $AAPL $NVDA $MXL $QRVO $QCOM $AGO $AMAT $T $S $ARMH $TSM
Intel INTC, has been the king of servers, desktops and laptops. However, despite a massive effort, it has had a limited success in mobile, especially at Apple AAPL. For a semiconductor manufacturer, the biggest prize is to get into iPhone 7. Earlier today, Bloomberg published an enticing headline, ‘Intel Gets Chip Order From Apple, Its First Major Mobile Win‘. The headline is indeed enticing. Does this make Intel stock a buy? Let us start by examining the performance of a number of semiconductor stocks, Nvidia NVDA, MaxLinear MXL, Qorvo QRVO, Qualcomm QCOM, Broadcom AVGO, and semiconductor-equipment manufacturer Applied Materials AMAT.