With a tech stock like Intel, the price of the stock is more likely correlated with profit and cash growth rate, not dividends. For a tech stock, Intel already has a high dividend payout, and one could argue that an increase in dividends might be "bad" news since it indicates lack of growth areas to invest in. If/when Intel announces design wins for Silverthorne, I think it will move the stock because it represents a "new" revenue stream.
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