On July 31, Dell Technologies Inc. rose 3.53% in regular trading, trading at $419.83/share, with turnover of $2.94 billion.
On the news front, the computer hardware and storage sector extended its rebound from the prior trading session. Within the sector, Western Digital gained 5.69%, Seagate Technology rose 4.58%, Super Micro Computer climbed 3.41%, and SanDisk added 2.26%, with storage names broadly strengthening and providing support for Dell's recovery. Notably, Apple bucked the trend, falling 9.21%.
The ongoing rebound follows a steep 14%-plus single-day plunge on July 28, which was driven by global PC market Q2 shipment data revealing a 4% year-over-year decline — with Dell's own shipments dropping 6% — alongside lingering concerns over AI server profit margin compression. Storage chip price increases had also weighed on overall sector sentiment, while the AI PC upgrade cycle has been slower to materialize than anticipated.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)