Cramer: We Finally Have Some Good Intel

The Intel (INTC) empire is really striking back. For years we have watched Intel on the fringes of the great markets such as mobile devices, Internet of Things, anything Apple (AAPL) and most certainly the autonomous car.

The company, once the largest semiconductor business in the world -- surpassed by Samsung -- took a big leap forward this morning when it closed on the Mobileye (MBLY) deal, the $15 billion purchase of the 663-employee company with a very strong franchise in autonomous driving. At the same time it is taking advantage of the rift between Qualcomm (QCOM) and Apple and making a long-awaited move to grab more Apple business, especially modems for tablets and some of the guts of the new Apple Watch. (Apple is part of TheStreet's Action Alerts PLUS portfolio.) ...537 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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