Mellanox (MLNX +7%) jumps after announcing its InfiniBand adapter chips will be used by Intel...

|About: Mellanox Technologies, Ltd. (MLNX)|By:, SA News Editor

Mellanox (MLNX +7%) jumps after announcing its InfiniBand adapter chips will be used by Intel (INTC) in server motherboards and I/O expansion modules supporting the company's Romley server CPU platform. The deal follows a recent design win with H-P,  and comes a few month after Mellanox shares slumped on fears Intel's acquisition of QLogic's InfiniBand business would create new competition. (PR)