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The AI Race Heats Up and Dell Cuts Jobs

Bloomberg Tech

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Dell Cuts 6,600 Jobs

Dell has become the latest tech company to announce pretty significant job cuts. The big story here in addition to investors calling for greater profit is that PC demand has really just fallen. Micron is selling $1.25 billion in high-grade US bonds, split across an existing tranche of notes and new bonds. Biden doesn't have much incentive to try to seek China's assurances that they will act with restraint because there's no trust on two sides.

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