Dell Sinks 12%, Hewlett Packard Enterprise and Super Micro Tumble 10% as Post-Midterm Sell-Off Hits AI Hardware
247wallst.com reports that AI hardware stocks fell for a second straight day after the midterms, with Dell down 12% to $325.94, and Hewlett Packard Enterprise and Super Micro each down 10%. The outlet frames Dell's slide as a valuation reset after a 162% year-to-date run, citing a Texas data center moratorium promise and Qualcomm's weak forecast as pressures, and sees elevated volatility until the AI spending debate resolves.
