00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Dell Technologies' shares fell nearly 4% in Monday pre-market trading as a sell-off in AI-linked stocks
00:09pressured the technology sector, according to Benzinga.
00:12Investors are reassessing the outlook for AI infrastructure spending after calls to slow AI development raised concerns about future capital
00:20spending, according to the Financial Times.
00:23Memory and semiconductor stocks fell sharply as traders reassessed future demand for AI hardware.
00:28Dell has benefited from strong demand for AI servers and data center infrastructure.
00:34Anthropic CEO Dario Amode called for leading AI companies to cooperate on managing AI development and safety, with Sam Altman
00:42and Elon Musk supporting the effort, according to the Financial Times.
00:45The stock remains at a long-term uptrend, but trades at a premium valuation.
00:50Dell shares were down 3.66% at $546.50 in pre-market trading Monday.
00:56For all things money, visit Benzinga.com.
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