Intel’s stock is up just 2% this year compared to the Nasdaq’s 17% rise, and investors fret that the explosive growth of smartphones and tablets will crimp the market for the PC chips that produce the bulk of Intel’s revenue. B…
Intel announced Friday that it is increasing its quarterly dividend by 15% to 18 cents per share, and the world’s largest microchip maker said it’s on track to have its “best year ever.”
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Shares of computer makers Intel Corp. and Hewlett-Packard Co. were downgraded by UBS amid concerns that weak demand will force the companies to dramatically cut prices.
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