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“The CEO mentions that the consequences is showing up in consumers. The co acknowledged that supply constraints is leading to PC and smartphones units to have a decline in the low double digit percentage year this calendar year.”
“the company's newer CEO which replaced Pat Gellzinger said he is encouraged by the conversations he's having with their customers.”
“the CEO went on to highlight all of the competitive advantages that he perceives his company has.”
“I was hearing that last year, CEOs and CFOs saying, 'We have to invest in AI. Either we want to or we feel forced to, and that costs a lot of money, therefore we have to offset that cost somewhere else to keep our budgets stable, so we're going to take that money out of personnel.'”