Dell Technologies Stock Plunges 11% After Barclays Downgrade as AI Infrastructure Spending Fears Grow
Dell Technologies shares plunged 11 percent on Wednesday, the steepest drop among a group of AI infrastructure companies that fell as investors questioned how quickly corporate customers will turn artificial intelligence experiments into the large-scale spending that Wall Street has already priced in. The selloff hit Dell hardest, but it spread to server makers, cloud … Read more