Here's Why Intel May Survive PCs Even Without an Acquisition

April 13, 2015 10:50 PM

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Here's Why Intel May Survive PCs Even Without an Acquisition

NEW YORK (TheStreet) -- Intel (INTC - Get Report) needs something to make investors love its stock again. With personal computer sales still slumping, Intel and other semiconductor companies are looking elsewhere for growth. That's why Intel's stock rose when there was chatter it was in talks to buy Altera (ALTR).

Intel is already trying to move beyond the PC and into data centers and the "Internet of Things," or broader Internet connectivity between common household items.

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