ASML trims outlook and sends AI chip stocks Nvidia, AMD lower

ASML trims outlook and sends AI chip stocks Nvidia, AMD lower

ASML Holdings (ASML) leads chipmaker stocks like Nvidia (NVDA) and Advanced Micro Devices (AMD) lower after the company trimmed its 2025 guidance which seemingly sounded the alarm that there’s trouble in the chip sector. The Futurum Group CEO… Article Source https://finance.yahoo.com/video/asml-trims-outlook-sends-ai-205432080.html

Experienced Tech Investor Trims Nvidia Stake Amid Concerns About Business Risks – Bloomberg

One of the most experienced tech investors, Bloomberg, has decided to reduce their stake in Nvidia due to concerns over potential business risks. This move comes as a surprise to many, as Nvidia has been a strong performer in the tech industry in recent years. The decision to cut the stake is seen as a … Read more

Dell Trims Workforce and Projects PC Growth Amid Revenue Challenges and VMware Changes – Dell Technologies (NYSE:DELL)

Dell Trims Workforce and Projects PC Growth Amid Revenue Challenges and VMware Changes – Dell Technologies (NYSE:DELL)

Dell Technologies Inc DELL has implemented workforce reductions as part of its comprehensive cost-cutting strategy, which also encompasses constraints on external hiring and internal employee reorganizations.  As of February 2, 2024, Dell’s workforce has decreased to nearly 120,000 employees from about 126,000 the previous year, reflecting these changes.  This decision follows a declining demand for personal computers, which has … Read more

Dell Trims Workforce and Projects PC Growth Amid Revenue Challenges and VMware Changes

Dell Trims Workforce and Projects PC Growth Amid Revenue Challenges and VMware Changes

Dell Technologies Inc DELL has implemented workforce reductions as part of its comprehensive cost-cutting strategy, which also encompasses constraints on external hiring and internal employee reorganizations.  As of February 2, 2024, Dell’s workforce has decreased to nearly 120,000 employees from about 126,000 the previous year, reflecting these changes.  This decision follows a declining demand for personal computers, which has lasted … Read more