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PC Demand Is Tanking. What It Means for Nvidia, AMD and Intel Stock.

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PC Demand Is Tanking. What It Means for Nvidia, AMD and Intel Stock. | Barron’s

Susquehanna is getting more pessimistic about the outlook for PC sales.

On Thursday, semiconductor analyst Christopher Rolland reduced his price targets for


Nvidia

(ticker:


NVDA

) stock to $180 from $190,


Advanced Micro Devices

(


AMD

) stock to $95 from $115, and


Intel

(


INTC

) stock to $23 from $33, citing falling demand for computers.

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