Intel stock drops after downgrade by Goldman Sachs

Intel’s (INTC) pioneering chip-making technology, which has been an inspiration for several emerging semiconductor companies, seems to have lost some sheen. Concerned about the lackluster progress in adopting new technologies, rating agency Goldman Sachs Friday downgraded the company’s stock to SELL from NEUTRAL. Following the downgrade, the stock dropped more than 3% in the pre-market … Continue reading Intel stock drops after downgrade by Goldman Sachs