Friday, May 6, 2011

ARM Rallies On Rumor Apple To Dump Intel

Shares of ARM Holdings plc (NASDAQ: ARMH) rallied more than 7% Friday on speculatApple (NASDAQ: AAPL) may switch its laptop computers from Intel (NASDAQ: INTC) and its x86 architecture to its own chips based on designs of ARM Holdings. Apple's alleged move to ARM processors is expected to take place "as soon as possible," likely when 64-bit variations are available at the end of 2012 or by early 2013, according to Charlie Demerjian of SemiAccurate. Stay tuned for more. 

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