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Monday, Aug 19
Intel gets upgrade; may speed up release of Atom chips
- "PCs are not going away anytime soon," says Piper Jaffray, removing its Sell rating on Intel (INTC) and upping the price target to $22 from $20.
- A weekend Barron's story suggests the company may soon announce an accelerated schedule for production of upcoming Atom chips for smartphones and tablets. Look to September 10 - right down the street from Apple's event in San Francisco will be Intel's IDF conference.
- Shares +0.8% premarket.