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3 Chip Stocks to Note Now: AMD May Delay Kaveri, Qualcomm Could Beat Estimates, and Nvidia Finds a Home in ZTE

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Advanced Micro Devices (NYSE:AMD): AMD’s first 28 nm Steamroller architecture-based CPUs — known as Kaveri — could be postponed for release until February 2014, PC industry sources told Digitimes. Kaveri is targeted for midrange desktops and midrange to high-end notebooks, and was supposed to have launched later this year.

AMD

Qualcomm (NASDAQ:QCOM): Kulbinder Garcha of Credit Suisse believes that Qualcomm may slightly beat expectations when it reports its fiscal third-quarter results on July 24, perhaps delivering $6.1 billion in revenue and $1.05 per share in profit versus Street expectations for $6.05 billion and $1.03, Barron’s reports. Despite the slowing of high-end phones, Garcha finds that both the chipset business and the licensing business, which make royalties off volume of smartphones sold, have upside relative to the Street’s expectations.

QCOM

Nvidia (NASDAQ:NVDA): Smartphone manufacturer ZTE has announced the ZTE Geek, set to be the first Tegra 4-powered smartphone. The quad-core chip will be clocked at 1.8GHz and will have 2GB of RAM, according to the TENAA filing. However, this particular model will only work on China Mobile’s TD-SCDMA network, making the rest of the world wait for the global version of the phone.

NVDA

Investing Insights: Can Qualcomm Stay King of the Mobile Chip Market?

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