December 05, 2012 at 12:16 PM EST
NVDA: Oppenheimer Cuts to Hold; Tegra Can’t Offset Slow PC Sales
Shares of chip maker Nvidia (NVDA) are down 24 cents, or 2%, at $11.86 after Oppenheimer & Co.’s Rick Schafer cut his rating on the stock to “Perform” from Outperform, writing that as share gains in the personal computer graphics processing unit (GPU) peter out, the company can’t escape the consequences of a slowing PC [...]
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