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[April 01, 2013]
INTC and MU added to NASDAQ Chip Stock Decliners Watch List.
(ACCESSWIRE (Canada) Via Acquire Media NewsEdge) Category: Baystreet Newswire Company: Growing Stock Report ID: 402781 Date: Monday, April 01, 2013 Ticker: NASDAQ:INTC New York, NY -- (ACCESSWIRE) -- 04/01/2013 -- Growing Stock Report intitiates a NASDAQ Chip Stock Decliners Watch List adding Intel Corporation (NASDAQ:INTC), Micron Technology Inc. (NASDAQ:MU), and NVIDIA Corporation (NASDAQ:NVDA).
Intel Corporation (NASDAQ:INTC) shares are falling after two analysts issued negative notes about the company earlier today. JMP Securities analyst Alex Gauna downgraded Intel Corporation (NASDAQ:INTC) to Market Perform from Market Outperform. The chip maker is having technological difficulties with its new Haswell architecture and will not implement its planned power management scheme for the chips, Gauna reported. As a result, the company may have to delay launching Haswell, and the product may have performance issues, the analyst wrote. This downgrade and decline in the stock price has prompted Growing Stock Report to add Intel Corporation (NASDAQ:INTC) to their NASDAQ Active Decliners Watch List and Investor Poll.
To see what other Investors are saying about Intel Corporation (NASDAQ:INTC) Click Here:
stock=INTC&SubId=AW Micron Technology Inc. (NASDAQ:MU) a company that engages in manufacturing and marketing of semiconductor devices worldwide is currently down (-5.26%) on over 32.4 million shares traded as chip stocks continue to decline today as the Market Vectors Semiconductor ETF (NYSE:SMH) continues to experience big outflow.
To see what other Investors are saying about Micron Technology Inc. (NASDAQ:MU) Click Here:
stock=MU&SubId=AW Also mentioned in Growing Stock Report's NASDAQ Chip Stock Decliners Watch List was NVIDIA Corporation (NASDAQ:NVDA).
To see what other Investors are saying about NVIDIA Corporation (NASDAQ:NVDA) Click Here:
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