Credit: Shutterstock photoIntel Corporation ( INTC ) has recently introduced a development board called Galileo for the do-it-yourself community. The board is powered by Intel's recently-announced Quark chip and will be available for less than $60 by mid-November.
Arduino will provide the software development environment for the Galileo motherboard that Intel hopes will yield various interactive computing devices, personal medical devices, sensors and in cars. Like all other Arduino-compatible boards, Galileo too is manufactured for open development and supports the Arduino programming language.
Galileo has been specially designed to cater to the needs of the maker community who are also known as do-it yourself enthusiasts and are engaged in the manufacturing of computer devices like robots, PCs, etc. The unique feature which makes Galileo stand apart from other Arduino boards is the fact that it supports Linux too. Equipped with Intel technology, Galileo is more powerful than other Arduino boards.
In order to promote the product and jumpstart the innovative process, Intel will be offering 50,000 of the boards to 1,000 universities over a span of one and half years.
The major impediment that Galileo may face will be in the form of its price, which is much higher than that of rival Raspberry Pi, which is based on an ARM processor and sells for $25. Moreover, Raspberry Pi can also render 1080p graphics, which Intel's Galileo can't match.
Intel Corporation is one of the world's largest semiconductor chipmakers. Intel Corporation reported second-quarter revenues of $12.8 billion, operating income of $2.7 billion, net income of $2.0 billion and earnings per share of 39 cents. The company generated approximately $4.7 billion in cash from operations, paid dividends of $1.1 billion, and used $550 million to repurchase 23 million shares of stock.
Currently, Intel has a Zacks Rank # 3 (Hold). Other stocks that look attractive this season are Texas Instruments ( TXN ), Microchip Technology Inc ( MCHP ) and Amtech Systems Inc ( ASYS ), all with a Zacks Rank # 2 (Buy).
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
