Dell's efforts to refresh its PC lineup as users do more computing at home have paid off, while the pandemic-fueled recession has reduced corporate demand for data center hardware.

The world’s second-largest economy remains tied to America despite billions invested in local chip-making know-how.

As cost-cutting measures appear to be bearing fruit, the company also has "gained momentum in key areas," CEO Antonio Neri said.

CEO pledges to reduce expenses by $1 billion through a reorganization that will include job cuts and early retirement for some workers.

NextDC, its portfolio company, has surged 83% this year amid increased demand for data storage services.

It was the worst showing on a US exchange this year for an IPO raising $100 million or more, according to data compiled by Bloomberg.

While the major cloud providers are making more money thanks to a surge in cloud usage, Amazon's CFO emphasized that a key focus now is to help users save money and utilize only the services they need.

CEO Lisa Su said the company has passed 10 percent share of the server chip market.

The timing for 7nm chips “is shifting approximately six months relative to prior expectations.”

Subscriptions and cloud programs like Office and Azure continue to grow along with remote work -- but not enough for some investors, who have bid up tech stocks.