JMP Securities' Alex Gauna is slashing AMD (-2.9% premarket) to Market Underperform, claiming...

|By:, SA News Editor
JMP Securities' Alex Gauna is slashing AMD (-2.9% premarket) to Market Underperform, claiming AMD's Fusion processors aren't faring well with PC OEMs and retailers. Gauna also believes OEMs could abandon AMD as their main alternative to Intel (INTC) once PCs featuring chips using ARM Holdings (ARMH) CPU cores arrive.