After beating expectations with its second-quarter results last month, Silicon Valley stalwart Intel is feeling positive about demand for its small chips in an increasingly mobile marketplace.
Although the macroeconomic outlook does not look good for the average Western consumer, Intel (nasdaq: INTC - news - people ) believes that the vast potential of emerging markets is still out there and waiting to be tapped. That's why it is aiming smaller and smaller--it unveiled its smallest chip ever earlier this year--and why it hopes one day to produce the world's first $100 laptop. Intel also sees growth opportunities in the West for cheap, portable mobile devices--hence its recent collaboration with the Portuguese government for 50-euro ($77.88) laptop-style "netbooks."
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