DELL
Dell Technologies Inc.C5415-min delayed · EOD closeElectronic Computers · SIC 3571 · CIK 0001571996
AMD divesting US server plants to avoid competing with customers such as Dell Technologies
According to Bloomberg, AMD is selling the US server manufacturing business it acquired with ZT Systems in order to avoid competing with customers including Dell Technologies and Hewlett Packard Enterprise. Taiwan-based ODMs see the assets as valuable as they race to build US capacity to sidestep current or potential Trump-era tariffs.
Removes the risk of AMD becoming a direct rival in server systems, preserving Dell's role in AMD-based AI server deployments.
Reported by Bloomberg
Dell climbs 4.61% after Trump publicly touts the stock for a third time
A Xueqiu market commentary reported Dell up 4.61% alongside Micron, attributing part of the move to President Trump publicly championing DELL and MU for the third time. The author argued the endorsement's effect is diminishing with repetition and that the session's gains represent panic-driven short covering rather than confirmation of a trend reversal, against a backdrop of liquidity-cycle top concerns.
A repeated headline catalyst for the stock is showing diminishing effect per the commentary, making it a less reliable driver going forward.
Reported by Xueqiu (author: 凤凰爱江山)