This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Windows 8 to Open New Chip Floodgate

NEW YORK, ( TheStreet) -- Microsoft (MSFT - Get Report) Windows 8 finally threatens to take the power and no doubt the problems of the PC into mobile devices.

Microsoft unveiled its Windows 8 operating system Tuesday to developers at the BUILD conference in Anaheim, Calif., impressing some reviewers with the system's speedy boot up and live tile interface.

But what investors saw was a little different.

Microsoft's dreadful history of sitting out the mobile computing era finally may be coming to a close. And while that is a welcome shift for Microsoft, the prospect of a strong third player in the market is huge news for chip and device manufacturers that have seen limited action.

Apple (AAPL - Get Report) and Google's (GOOG) Android have pretty much locked up the phone and tablet market with compelling, though somewhat underpowered, touchscreen controlled devices.

Now, with the promise of Windows 8, there's an opportunity to bring a beefier PC capability -- call it laptop-like computing -- to small devices.

In this brave new scenario, there are some clear winners and losers.

Intel's (INTC - Get Report) frustration in mobile isn't going to change for the better. HP's (HPQ) disastrous flirtation with exiting the PC market certainly doesn't put it in a leadership position.

But outfits like ARM Holdings (ARMH), the braintrust behind low-power mobile processors, is looking sharp. And the various ARM-based tech mates like Qualcomm (QCOM - Get Report) and Nvidia (NVDA) are in a particularly sweet spot to capture whatever bounty Windows 8 can deliver.

Some analysts see Microsoft's entry in mobile as a potentially key turning point for the chip industry.

JPMorgan's Rod Hall, in a research note Wednesday, wrote that Windows 8 "adds yet another reason to be bullish on Qualcomm's long-term story as we see the company as best positioned to benefit from a transition off Intel and toward ARM for personal computing devices."

Qualcomm shares were up 1% to $52.86 in premarket trading on Wednesday.

--Written by Scott Moritz in New York.



To contact this writer, click here: Scott Moritz, or email: scott.moritz@thestreet.com.

Follow Scott on Twitter at MoritzDispatch

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $128.46 0.00%
INTC $33.25 0.00%
MSFT $43.85 0.00%
QCOM $72.51 0.00%
FB $78.97 0.00%

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs