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Dell sees AI-server boom gain more steam
Dell's AI business is booming, but shares plunged after it cut its revenue outlook
Dell
reported third-quarter earnings on Tuesday that showed promising growth for its
AI
business, but forecast lower overall revenues than expected for the end of the year. The company's third-quarter revenue rose 10% year over year to $24.4 billion but ...
Dell Stock Tumbles on Weak PC Sales. AI Server Strength Isn’t Enough.
The company is a leading provider of AI servers, so the results should offer a useful update about the state of demand.
Dell sees AI-server boom gain more steam, but overall revenue falls short
Dell beat expectations in its infrastructure solutions group, which includes servers, but came up short in client solutions, which includes PCs
Dell’s stock falls on weak guidance, as more customers hold off for next-gen AI servers
Weak guidance sent Dell Technologies Inc. ‘s shares into a tailspin today, as the stock fell more than 10% in extended trading. The company is forecasting lower server sales, and blamed the shortfall on enterprise customers that are waiting to snap up new systems powered by Nvidia Corp.
7h
on MSN
Dell Could Be Poised to Benefit From AI Boom, Despite 'Messy' Results, Analysts Say
Dell shares tumbled Wednesday in the wake of what JPMorgan called “admittedly messy” third-quarter results, but the analysts ...
12h
Dell stock sinks after company warns AI spending 'will not be linear'
Dell Technologies stock sank Wednesday as the company took a cautionary approach to its fourth quarter guidance, warning that ...
1d
Is Dell the Next Big-Time Artificial Intelligence (AI) Stock?
However, Dell also has a division within its company that builds data center servers, which have seen a massive boost in ...
13h
on MSN
Dell stock falls after fourth-quarter revenue, earnings outlook to be lower than expected
Dell Technologies shares fell 10% in after-trading after the company estimated Q4 revenue and earnings to fall below initial ...
The Next Platform
13h
Fat Server Spending Props Up Slowing AI Servers At Dell
Just because you are the number one supplier of servers, storage, and PCs in the world does not mean the job of building ...
CRN
14h
Dell Technologies COO Clarke: ‘The Opportunity In AI Is Enormous’
Growth in AI infrastructure demands plays into Dell’s hands as the company ramps up its AI server, storage, and commercial PC ...
1d
Dell Q3: Rapid AI Server Growth Offset Weak Consumer PC Sales, Remain 'Strong Buy'
Dell's new AI server products and partnerships with Nvidia, AMD, and Intel position it well for future growth. Find out why ...
9d
Dell Unveils New AI-Powered Infrastructure at SC24 Conference
Dell unveils AI infrastructure, liquid-cooled servers, and services at SC24, driving enterprise AI acceleration and ...
NBC New York
2d
Dell shares fall on light revenue despite growing AI sales
Dell
shares have risen 86% so far in 2024 as investors realize that it is one of the most important companies selling tools ...
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