Dell Technologies is trading 3.3% up at $404.21 as bargain hunters emerge following a sharp multi-day slide tied to AI hardware valuation worries and profit-pressure concerns.
- The rebound follows a roughly 20% drop from July highs, suggesting short-covering despite continued global pressure on AI and chip-related stocks.
- Investors are reassessing the company's $60 billion AI server push after recent concerns regarding the impact of infrastructure costs on profit margins.