Dell Technologies is trading 4.4% down at $375.09 as investors continue to reassess AI infrastructure spending and profit sustainability following a sharp decline in late July.
- The stock is facing pressure from a broader technology-sector pullback and risk-off sentiment as the market prepares for the upcoming Federal Reserve interest rate decision.
- Concerns regarding heavy AI capital expenditure and a sector rotation out of high-growth tech names are further weighing on the company's valuation.