Intel Corporation (NASDAQ:INTC) researchers are reportedly working on a 48-core processor to be used in smartphones and tablets but will take five to 10 years before it is available in the market. Moor Insights and Strategy analyst Patrick Moorhead believes that having that technology in five to 10 years could finally perform tasks that currently take way too much processing power. The analyst also said that the move could in fact open up their concept of what is a computer.

Intel researchers working at the company’s lab present in Barcelona have built a prototype of a 48-core chip for smartphones and tablets. Enric Herrero, who is a research scientist at Intel Labs in Barcelona, Spain, said so far they were able to create a prototype of a 48-core chip designed to run different apps on different cores on a smartphone or tablet.

To have a quick look on Intel Corporation (NASDAQ:INTC)’s price history, beta used to measure the volatility or systematic risk in comparison to the market as a whole was 0.99 and the percentage change in the price over the last fifty two weeks remained at -8.16%. The price range in those 52 weeks had a highest hit of $29.27 on May 03, 2012 while lowest level during that period was $21.22 on Oct 19, 2012.

Turning towards Intel competitors, Advanced Micro Devices, Inc. (NYSE:AMD) moved down about -61.67% in this year and its price history showed most recently beta was at 2.61. Overall during the last 12 months, the percentage change in the price was -64.49%, hitting the highest of $8.35 on Mar 27, 2012 while lowest level in that period was $2.03 on Oct 23, 2012.

Texas Instruments Incorporated (NASDAQ:TXN) shares rallied around 1.05% so far in 2012. The stock most recently had a beta value at 1.25 and the percentage change in the price over the last fifty two weeks remained at -3.15%. The price range in that 1-year period had a best hit of $34.24 on Mar 27, 2012 while lowest level in the same period was $26.06 on July 27, 2012.

So far, the share price of ON Semiconductor Corp. (NASDAQ:ONNN) fell -20.34% in this year and stock’s price history revealed that beta was maintained at 1.72 and the percentage change in the price over the last fifty two weeks remained as -18.76%.