Morgan Stanley downgraded computer hardware makers because of the impact of soaring memory chip prices. Shares of Dell Computer, Hewlett Packard Enterprise and HP Inc. tumbled Monday.
The bank double-downgraded Dell from overweight to underweight and downgraded HPE from overweight to equal weight.
Investor's Business Daily on MSN
Dell, Other Computer Makers Drop On Profit-Margin Concerns
Soaring memory chip prices are likely to take a bite out of profit margins for computer makers, including Dell stock.
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Artificial intelligence (AI) investing covers a broad range of companies, including hardware, software, end users, and many that cover a large part of this spectrum. On the hardware side, Nvidia ...
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