Tech & AI · Page 3
Chips, software and the spending on artificial intelligence.
· Tech & AI
Dell tumbles after Barclays downgrade cites stretched valuation
Dell Technologies shares tumbled 11.3% after Barclays downgraded the stock to Equal-Weight, citing a stretched valuation following a strong run built on demand for AI servers.
· Tech & AI
Applied Materials tumbles after China's CXMT reports memory chip progress
Applied Materials tumbled 6.7% on Tuesday after Chinese memory maker CXMT reported progress on a denser memory-cell design, raising competition worries across chip stocks.
