Dell Raises AI Server Sales Outlook While HP Cuts Jobs | Bloomberg Tech 11/26/2025

HP has announced plans to lay off up to 6,000 employees globally by 2028 as part of a restructuring strategy aimed at enhancing product development through increased use of artificial intelligence. This decision is expected to impact various teams, particularly in product development and internal operations.

HP has announced plans to cut up to 6,000 jobs globally by 2028 as part of a significant restructuring effort aimed at accelerating product development through the adoption of artificial intelligence. This decision follows a lower-than-expected profit outlook for the upcoming year, reflecting ongoing challenges within the company.

Meta is reportedly in negotiations to utilize Google's Tensor Processing Units (TPUs) for its artificial intelligence models, a move that could significantly challenge Nvidia's market dominance and potentially be valued in the billions. This development highlights a strategic shift in the competitive landscape of AI technology.

A recent bug linked to the Windows 11 October update has severely impacted the performance of Nvidia GPUs, notably affecting the gameplay of Assassin's Creed Shadows, even on high-end models like the RTX 5090. Nvidia has issued a hotfix to address these performance issues, although the extent of the glitch remains unclear.

HP has announced plans to cut up to 10% of its workforce, affecting approximately 4,000 to 6,000 employees, as part of a strategic shift towards artificial intelligence. This restructuring is aimed at enhancing the company's operational efficiency and adapting to the evolving technology landscape.

Nvidia shares fell following reports that Meta is negotiating to invest billions in Google’s AI chips, intensifying the competition between Nvidia and Google in the chip market. This development comes amid broader concerns regarding the stability of the AI sector and its impact on stock markets.

The European Union is easing regulations on artificial intelligence (AI), while the United States is taking even more drastic measures to promote growth in the sector. Despite ongoing concerns about a potential AI bubble, Nvidia's impressive quarterly earnings have alleviated immediate fears, suggesting that the bubble has not yet burst.

Big Tech companies are increasingly taking on significant debt to finance their artificial intelligence initiatives, raising concerns among investors about the sustainability of this financial strategy. In November, investors withdrew $3.5 billion from Bitcoin ETFs, marking a troubling trend for the cryptocurrency market as it heads toward its worst monthly performance since the 2022 collapse.