UPDATE: Macquarie Downgraded Intel and NVIDIA Based on Thundering Cloud Computing
October 11, 2013 at 11:35 AM EDT
In reports published Thursday, Macquarie (USA) Equities Research analyst Deepon Nag downgraded the rating and earnings for Intel Corporation (NASDAQ: INTC ) and NVIDIA Corporation (NASDAQ: NVDA ). Nag downgraded Intel to Neutral based on pressure in the core PC market negatively affecting estimates. The analyst noted the
