HP, Dell's Weak Forecasts Spark Share Selloff, Doubts Over PC Market Recovery
The boom in the server market has helped Dell shares climb 85% this year, outperforming a 30% rise in HP Inc and HP Enterprise. But some analysts warned that a slow rollout of Nvidia's next-generation AI chip may hurt Dell's sales. HP shares trade 10.84 times analysts' profit estimates, compared with 15.51 for Dell and 30.94 for Microsoft.