The post Dell Stock Plunges 11%: Is the AI Server Boom Losing Its Momentum? appeared first on Coinpedia Fintech News
Dell Technologies (NYSE:DELL) shares plunged 11.4% on Wednesday after Barclays downgraded the stock, raising concerns about enterprise AI spending and the sustainability of hardware revenue growth. The sell-off extended across AI infrastructure stocks as hotter-than-expected U.S. inflation data heightened concerns about borrowing costs. Despite strong demand for AI servers, investors are reassessing valuations and questioning …