After Market Drops, Which Coin to Buy?
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Server orders are still queued, and AI demand hasn't collapsed. What has changed is pricing: PCs are constrained by memory costs, gross margin guidance is being revised downward, and external OEMs still can't be incorporated into the model. Next year, free cash flow is also likely to turn negative. The market is no longer willing to pay for an unfulfilled OEM timeline or the pace of PC recovery.
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