Dell Technologies is trading at $397.94 (-3.57%) in pre-market following a sharp selloff. - The decline is attributed to mounting concerns over margins, rising memory costs, and lower-than-expected profitability on AI-optimized servers. - Pressure intensified following reports that Meta Platforms may lease surplus AI capacity, sparking fears of slowing future AI server orders. - Significant insider selling and recent analyst downgrades further contributed to investor apprehension regarding the sustainability of AI-driven growth.