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TheStreet Open House

Intel's Silvermont Plays Catch Up (Update 2)

Stock quotes in this article: INTC, AAPL, QCOM, ARMH, GOOG

Mobile devices are increasingly becoming more powerful, especially as companies like Apple and Samsung make their own chips. These companies aren't going to move to Intel designs unless there's a drastic difference in power performance, Freedman noted. "While we are encouraged by the Atom roadmap, we believe the market will take a 'wait and see' approach as Intel attempts to establish more serious in-roads in ARM-dominated markets."

Intel is increasingly focusing its efforts on mobile devices, as the PC market continues to contract at a faster pace than anyone thought. Silvermont is Intel's best weapon yet, but it's not something that's going to radically change the company's fortunes in the next year or two.

-- Written by Chris Ciaccia in New York

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