After Qualcomm (QCOM) announced its next-generation visual processing technology for the Snapdragon 820, JMP Securities notes that the company says the product has 40% lower power consumption and a 40% faster performance over the prior solution. The firm says that Qualcomm's innovations are outpacing those of Intel (INTC). The firm adds that Qualcomm "has hit a home run" with its CSR solution, since it is accretive and will expand the company's markets. The firm reiterates an $85 price target and Outperform rating on Qualcomm.

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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

The U.S. Department of Defense has awarded Intel Foundry Phase Three of its Rapid Assured Microelectronics Prototypes - Commercial, or RAMP-C, program, the company announced. "The award was announced through the National Security Technology Accelerator's consortium-based Strategic and Spectrum Missions Advanced Resilient Trusted Systems Other Transaction Authority program. The third phase of RAMP-C advances the tape-out and testing of early defense industrial base product prototypes, signifying a critical milestone for the program that highlights the readiness of Intel 18A process technology, intellectual property and ecosystem solutions for high-volume manufacturing. As part of the announcement, RAMP-C customers can begin manufacturing commercial and DIB product prototypes on Intel 18A process technology," Intel stated. Reference Link