A logo of Dell Technologies. REUTERS/Yves Herman/File Photo

July 28 (Reuters) – PC maker Dell Technologies Inc (DELL.N) said it has stopped shipping some versions of its powerful gaming systems to California and five other states because the products do not meet new energy efficiency standards.

The regulations affect “select configurations” of its Alienware Aurora R10 and R12 gaming PCs, Dell said in a statement sent to Reuters late on Tuesday.

Gaming PCs made by Dell and others use powerful chips for cutting-edge graphics in video games. Those components mean gaming systems typically consume far more electricity than an average

 

Dell Technologies Inc (DELL.N) and HP Inc (HPQ.N) reported quarterly revenue that beat Wall Street estimates on Thursday, as customers continued to shop for personal computers, even as pandemic-led restrictions eased in many parts of the world.

However, shares of Dell fell 1%, while those of HP dropped as much as 6%, after both companies warned the ongoing computer chip shortage could impact their ability to meet demand for laptops this year.

“The component supply situation remains constrained,” Dell Chief Financial Officer Thomas Sweet said in post earnings call, adding that rising costs to procure these chips would hit its

 

TipRanks

Wells Fargo: 3 Chip Stocks to Buy as We Head Into 2021

Semiconductors are one of the modern world’s essential industries, making possible so much of what we rely on or take for granted: internet access, high-speed computers with high-speed memory, even the thermostats that control our air conditioning – there isn’t much, tech-wise, that doesn’t use semiconductor chips.With the end of 2020 in sight, it’s time for the annual ritual of evaluating the equities for the New Year. Wells Fargo analyst Aaron Rakers has cast his eye on the chip industry, tagging several companies as likely gainers next

 

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