US Stock Market Move | Dell Technologies, Inc. Class C (DELL.US) rose more than 3% due to the soaring prices of storage chips. The company may reprice some of its products.
On Tuesday, Dell Technologies (DELL.US) rose more than 3%, closing at $136.57.
On Tuesday, Dell Technologies, Inc. Class C technology (DELL.US) rose more than 3% to $136.57. On the news front, since storage chip prices have entered a "crazy surge mode," the cumulative increase by 2025 has reached 50%. Among them, the price of a 512GB storage chip has increased by nearly 500 yuan since October.
Jeff Clarke, Chief Operating Officer of Dell Technologies, Inc. Class C, admitted during an analyst conference call that he has never seen costs rise so rapidly. He stated that ultimately the costs will be passed on to end customers, and he did not rule out the possibility of repricing some products.
Related Articles
Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.
US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.
Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families
Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.
US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.
Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families
