Maybe the PC isn't dead, but it's definitely showing signs of old age.
Shares of Advanced Micro Devices were off more than 12 percent Thursday on a downgrade from Goldman Sachs. And the PC market in Europe saw a sharp decline in the first quarter, according to Gartner.
Goldman downgraded AMD's stock from "neutral" to "sell," saying that AMD's upside in gaming devices, like Sony's upcoming PlaySation 4, "only partially offsets the continued...challenges in the company's core PC business." AMD is the second-largest maker of processors for … Read more