Intel Corporation (INTC) is engaged in the design and manufacture of digital technology platforms. The Company sells these platforms to original equipment manufacturers (OEMs), original design manufacturers (ODMs), and industrial and communications equipment manufacturers in the computing and communications industries. The Company’s platforms are used to deliver a range of computing experiences in notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, and the Internet of Things. It also develops and sells software and services focused on security and technology integration.

An article was published in the I Know First website on October 16th, 2015  with a forecast for Intel stock. Intel was, at that point, refocusing efforts on producing higher-margin processors for tablets and notebook computers. While our analyst argued that Intel could be a good pick for the long term, the algorithm gave a bearish forecast. Since the forecast was published, Intel stock is down by 7.05%.

Qualcomm (Nasdaq:QCOM), is taking a fight at Intel. The largest mobile chipmaker in the world recently formed a new joint venture in China with the Guizhou Province government. The new company, Guizhou Huaxintong Semiconductor Technology, will design, develop, and manufacture chipsets for servers. Qualcomm will provide research support and server chip technology licenses to the joint venture.

Even tough competition is increasing data shows a bright path for the company.