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Intel Ultrabook Drive Continues

Intel (NASDAQ:INTC) is pushing hard to promote Ultrabooks, with a huge amount of money invested in their success.

Intel Ultrabook Drive Continues

Santa Clara, California, based American multinational semiconductor chip maker Intel (NASDAQ:INTC), has reportedly decided to step up its Ultrabook Chip manufacturing.

The company has more than $300m in an investment fund to support the technology, as well as ‘hundreds of millions’ to be spent on marketing.

Karen Regis, director of Intel (NASDAQ:INTC)’s ultrabook marketing strategy, said, “We have been absolutely thrilled with the momentum we have, with the excitement. I think the industry has been hungry for this kind of innovation.”

Intel Corp. (NASDAQ:INTC) shares were at 28.38 at the end of the last day’s trading. There’s been a 6.2% change in the stock price over the past 3 months.

Intel Ultrabook Drive Continues
Intel Corp. (NASDAQ:INTC) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 2 out of 7 in the industry

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