Dell Revenue Drops as PC Market Recovery Disappoints
• Dell's Q3 revenue missed estimates, coming in at $22.25B, down 12% YoY • PC market recovering slowly from post-Covid crash, disappointing Dell • Dell's client solutions revenue down 11% YoY to $12.28B due to weak enterprise spending • Research firms optimistic about future AI-powered PCs, but market still early • AMD and Intel threaten Nvidia's lead in AI chips as they prepare new offerings