:max_bytes(150000):strip_icc()/GettyImages-2235098788-dc15bd54f075499a9f15f6fd4c257006.jpg?ssl=1 "Why Dell Technologies Stock is Plunging to Lead S&P 500 Decliners Monday")
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Publication Date: 2025-11-17 12:00:00
Key takeaways
- Morgan Stanley downgraded computer hardware manufacturers due to the impact of rising memory chip prices.
- Analysts said there is a pricing “supercycle” for NAND and DRAM semiconductors, hurting hardware makers’ profits.
- Dell shares fell the most in the S&P 500 in afternoon trading Monday.
The artificial intelligence boom that has sent memory chip prices soaring is hurting computer hardware makers, according to a Morgan Stanley report, which downgraded some of the biggest names in the sector.
Dell Technologies Stock (DELL) fell nearly 10% in afternoon trading Monday, leading declines in the S&P 500. Hewlett Packard Enterprise (HPE) shares fell 8% recently, while HP (HPQ) fell approximately 7%.
Why is this news important?
Memory chip makers like Micron are benefiting from rising AI-driven demand, but Morgan Stanley analysts warn that rising memory prices are putting pressure on computer hardware makers like Dell, HP and Hewlett…
