Dell stock has plummetted 20% because its AI play is falling short and overpriced for a hardware company.
The current valuation carries a very high risk of slippage from expectations of increased profitability growth in AI.
4 replies (most recent on top)
$9 target, garbage company
Funny that HP had a good quarter based on sales of AI servers.
All story. No results.
should bounce to $150 soon. They will milk that AI play for a few more quarters