Amid Booming AI Server Sales, Dell Stock Rallies Furiously Ahead …

To break even, Dell stock would need to rise to 151.25, factoring in the premium paid. The expected move in the options market for Dell, based on the at-the-money strike price of 143, …

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Amid Booming AI Server Sales, Dell Stock Rallies Furiously ... - Yahoo

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Nov 23, 2024 · Amid Booming AI Server Sales, Dell Stock Rallies Furiously Ahead Of Results After a 50% pullback, Dell stock has rallied strongly off lows amid strong demand for the …

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Dell Shares Rise As AI Server Demand Boosts Results, Forecasts

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Aug 30, 2024 · The stock has a median target price of $155, with 19 of the 22 analysts rating it "buy" or higher, according to LSEG data. At $115 each, Dell shares are down 36% since their …

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Dell Soars To Record Fueled By Excitement For AI Prospects

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Mar 1, 2024 · Dell shipped $800 million in AI-optimized servers in the quarter, Clarke said in remarks prepared for a conference call on the results. Like many in the industry, however, the …

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Dell Sees AI-server Boom Gain More Steam, But Overall Revenue …

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4 days ago · AI servers are one part of Dell's infrastructure solutions group, which hauled in $11.4 billion in revenue during the latest quarter, up 34%, while analysts tracked by FactSet were …

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Dell's Big Quarter, Fueled By Surge In AI-server Demand, Sends …

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Mar 1, 2024 · AI-server demand and a rebound in PC sales in late 2024 should lead to growth of 3% to 5% in fiscal 2025, Dell executives said. They forecast fiscal 2025 annual sales of $91 …

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Dell Soars As Strong AI Server Demand Aids Q4, Outlook; Unveils …

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Feb 29, 2024 · Dell Technologies (NYSE:DELL) shares soared 16% during post-market trading Thursday after its fourth-quarter results topped expectations, aided by demand for its artificial …

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Dell’s Big Quarter, Fueled By Surge In AI-server Demand, Sends …

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Feb 29, 2024 · Dell’s big quarter, fueled by surge in AI-server demand, sends stock soaring 19% Dell raises its annual cash dividend by 20% Last Updated: Feb. 29, 2024 at 8:17 p.m. ET First …

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Dell Q3: Rapid AI Server Growth Offset Weak Consumer PC Sales

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3 days ago · The growth acceleration was driven by their strong growth in AI servers. Notably, Dell achieved $3.6 billion in AI server orders, marking a record high, with 50% year-over-year …

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AI Stocks Among 5 Leaders Near Buy Points As Trump Rally Wavers

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Nov 18, 2024 · Amid Booming AI Server Sales, Dell Stock Rallies Furiously Ahead Of Results 11/24/2024 After a 50% pullback, Dell stock has rallied strongly off lows amid strong demand …

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FAQs about Amid Booming AI Server Sales, Dell Stock Rallies Furiously Ahead … Coupon?

How did Dell's AI-server demand affect its PC sales?

Dell's PC sales experienced modest growth, despite a modest drag on the results. The company reported healthy AI-server demand, which led to sequential growth. However, this growth in AI-server demand might have offset sustained softness in general server demand. ...

How has AI affected Dell's business?

Dell's servers and networking revenue reached $4.9B, mainly due to the demand for AI-optimized servers. AI-optimized servers have contributed significantly to Dell's business. Jeff Clarke, Dell's Chief Operating Officer, stated, "We have positioned ourselves well in AI. We have already started to benefit from the momentum we’re seeing. PCs will become even more essential as most day-to-day work with AI will be done on the PC. ...

Why did Dell Technologies soared during post-market trading Thursday?

Dell Technologies' stock price increased during post-market trading on Thursday following the release of its fiscal 2024 fourth quarter financial results which blasted past expectations. Read more here. ...

Will Dell's AI server business continue to grow?

Despite weaker Consumer PC business growth, Dell's new AI server products and partnerships with Nvidia, AMD, and Intel position it well for future growth. I anticipate Dell's AI server business to grow significantly, contributing 6% to topline growth from FY25 to FY27, with overall margin expansion expected. ...

How strong is Dell's momentum in AI servers?

Dell's AI-server momentum is strong, with orders expanding 40% and a backlog of $2.9 billion compared to $1.6 billion in 3Q. Dell forecasted revenue of $91 billion to $95 billion in the fiscal year ending in February 2025, compared to an average estimate of $92.1 billion. ...

Can Dell be part of the fast-rising AI names?

“Dell’s AI momentum stood out with a 40% jump in its order book. With Nvidia NVDA, -1.62% H100 availability on the rise and AMD’s AMD, -1.27% MI300 showing strong early demand, Dell excited investors that it can be part of the fast-rising AI names,” Daniel Newman, principal analyst at Futurum Group, said in an email. ...