was down 14.1% in preopen
trading after two brokerages downgraded its stock.
Salomon Smith Barney
cut it to outperform from buy and lowered its price target to $100 from $110.
cut it to neutral from outperform and sliced its target to $90 from $100.
The stock has fallen 9.1% in the past two sessions as earnings jitters affected the chip sector.