Dell Sinks 11% as Intel's Warning on PC Slump and Memory Shortage Hits Hardware Stocks; HP Tumbles 9%, Hewlett Packard Enterprise and Super Micro Fall 7%
Intel warned that memory shortages are constraining PC demand, pressuring hardware stocks. HP shares fell 9%, alongside declines in Dell, Hewlett Packard Enterprise, and Super Micro.
Why it matters — The report links memory shortages and weaker PC demand to a decline in HP shares, which may matter to HPQ watchers tracking industry conditions.