Technology hardware firms report resilient demand despite cost pressures

Technology hardware companies signaled steady enterprise demand and improving order visibility, supporting share prices despite margin pressure from logistics and component costs.

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Technology hardware firms report resilient demand despite cost pressures

Technology hardware firms report resilient demand despite cost pressures
Shares of select technology hardware companies moved higher after several firms reported stable demand and improving order visibility despite rising input costs. Management commentary across earnings calls indicated steady enterprise spending on cloud infrastructure and network upgrades.