Dell stock sinks after company warns AI spending ‘will not be linear’

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Shares of Dell Technologies ( DELL ) were down 12 percent in early trading Wednesday after the company took a cautious approach to investor forecasts and warned that artificial intelligence growth “will not be linear”.

Dell’s AI server revenue fell 9 percent in the third quarter from the previous quarter

Even with Wednesday’s drop, Dell shares are still up more than 65 percent this year

https://finance.yahoo.com/news/dell-stock-sinks-after-company-warns-ai-spending-will-not-be-linear-151836773.html

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