While AMD benefits from a Goldman upgrade, Intel (INTC -2.7%) is heading south as more negative...

|About: Intel Corporation (INTC)|By:, SA News Editor

While AMD benefits from a Goldman upgrade, Intel (INTC -2.7%) is heading south as more negative Street commentary arrives in response to Friday's warning. CLSA and Miller Tabak see little reason to go long while PC demand remains depressed, and Nomura predicts weak notebook sales will result in 2013 EPS of $2, well below a consensus of $2.33. Also, JPMorgan is now predicting 2012 PC sales will fall 2.3% Y/Y.