Back in the day, PCs were hip and investors chased computer stocks to sky-high valuations. Everyone was buying a desktop, and then a laptop, and the companies that supplied them could do no wrong.
Dell Technologies raised its annual profit forecast after reporting quarterly sales and earnings that topped Wall Street estimates on strong corporate demand for computers and software.
HP and Dell Technologies plan to move as much as 30% of their notebook production away from China as global technology giants scramble out of the way of escalating tariffs on US-bound goods.
A UK start-up that designs semiconductors used for artificial intelligence applications has raised $200-million from investors including BMW and Microsoft.