Dell cuts full-year revenue forecast on PC chip shortage - News Daily

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Tuesday, November 26, 2019

Dell cuts full-year revenue forecast on PC chip shortage

(Reuters) - Dell Technologies Inc cut its full-year revenue forecast on Tuesday as its PC business grapples with a shortage of chips from Intel Corp , sending its shares down nearly 5% in extended trading. Dell is the third-biggest PC maker after China's Lenovo Group Ltd and HP Inc , with the business accounting for nearly half of its total revenue.

The post Dell cuts full-year revenue forecast on PC chip shortage appeared first on Firstpost.



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