Saturday, August 6, 2011

Intel (NASDAQ:INTC) Investing In Cloud Structure

XCSFDHG46767FHJHJF

tdp2664 E money daily Intel (NASDAQ:INTC) has plans to invest $30 million for two ISTC to strengthen cloud computing research. Intel (NASDAQ:INTC) Investing In Cloud Structure The largest chip maker Intel (NASDAQ:INTC) is planning to invest $30 million to strengthen their cloud and embedded computing research in five years. As part of the plan, the company launched two Intel (NASDAQ:INTC) Science and Technology Centers (ISTC) hosted at Carnegie Mellon University and has invited researchers to submit their ideas. Justin Rattner, Intel (NASDAQ:INTC) chief technology officer, said, “These new ISTCs are expected to open amazing possibilities. Imagine, for example, future cars equipped with embedded sensors and microprocessors to constantly collect and analyze traffic and weather data. That information could be shared and analyzed in the cloud so that drivers could be provided with suggestions for quicker and safer routes". Intel Corp. (NASDAQ:INTC) shares were at 20.9 at the end of the last day’s trading. There’s been a -7.2% change in the stock price over the past 3 months. Intel Corp. (NASDAQ:INTC) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.97 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.87 Zack’s Rank: 2 out of 7 in the industry



No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...