Intel Corporation (NASDAQ:INTC) has received flak from some consumers for not coming up with a wireless technology that ensures optimum bandwidth for all their connected devices. As a response to that,the company has just launched 802.11ac Wi-Fi, which ensures devices connected to a Wi-Fi network enjoy simultaneous high-speed connections. The company revealed details about this new wireless technology in a blogpost on its official blog.

Intel, is INTC a good stock to buy, 8-core, Core i7, Haswell-E, Intel Core i7-5960X

Whereas the earlier generation 802.11n was good enough for connecting a few computing devices, nowadays when there are several devices in a home that use the internet, there is a lot of congestion in 802.11n Wi-Fi networks. Keeping this in mind Intel Corporation (NASDAQ:INTC) has released 802.11ac Wi-Fi, which allows multiple devices to get connected to the network with ease.

The 802.11ac Wi-Fi provides better content deliver experience and according to Intel Corporation (NASDAQ:INTC) batteries of devices with 802.11ac Wi-Fi technology last longer.

As of June 30, 2014, Ken Fisher’s Fisher Asset Management owns over 18 million shares in  Intel Corporation (NASDAQ:INTC).

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Ritesh Anan is a full-time derivatives trader. Though he firmly believes in the power of Technical Analysis, he is also a lifelong student of macroeconomics. In his free time, he reads anything and everything that comes from Robert J. Shiller, George Soros and Nassim Nicholas Taleb.