Dell Stock Hits Record High On AI Server Buildout | Investor's …

May 15, 2024 · Dell Technologies is "the best way to play" the artificial intelligence infrastructure buildout, investment bank Morgan Stanley said Wednesday. Dell stock jumped on the news. …

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Dell Stock Notches Record High On AI Momentum

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May 29, 2024 · On the stock market today, Dell stock jumped 7.9% to close at 179.21. Earlier in the session, Dell hit an all-time high of 179.70 — its fourth record high in as many trading …

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Dell Stock Price Surges To All-Time High, Investors Cheer AI …

4 weeks from now

Mar 1, 2024 · Dell reported a strong earnings report and its stock surged 30% on Friday. Shares of Dell hovered at $122.52 before trading closed, a record high. Investors continue to cheer on …

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Dell Shares Hit Record High After Report, Forecasts Impress With AI In ...

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Sep 1, 2023 · Shares in Dell Technologies Inc rose 22.2% and hit a record high on Friday after it raised full-year financial forecasts with boosts from artificial intelligence (AI) and stabilizing …

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

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Feb 29, 2024 · Dell soars as strong AI server demand aids Q4, outlook; unveils 20% dividend hike Feb. 29, 2024 5:03 PM ET Dell Technologies Inc. (DELL) Stock HPQ , FUJHY By: Brandon …

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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 Rides On The AI Wave To New Record High | Reuters

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Mar 1, 2024 · Dell Technologies shares surged 25% to hit a record high on Friday, following an upbeat annual forecast that indicated the tech equipment maker was benefiting from the AI boom.

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Dell Hits Record High As Annual Forecast Gets AI Boost - Yahoo …

4 weeks from now

Mar 1, 2024 · STORY: Dell Technologies’ shares surged as much as 38% Friday morning to an all-time high following an upbeat annual forecast from the technology equipment maker.It is …

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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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Dell Stock Pulls Back After Surge From AI-Driven Quarterly Beat

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Mar 4, 2024 · On Friday, Dell stock surged to a record high of 131.06 in intraday trading. It ended the regular session up 31.6% to 124.59. On the stock market today , Dell stock retreated 2.3% …

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Buy Dell Technologies Or Hewlett Packard Stock For AI Server …

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1 day ago · ISG segment sales hit a quarterly record of $11.4 billion, soaring 34% from the comparative quarter thanks to servers and networking revenue of $7.4 billion, a 58% spike …

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FAQs about Dell Stock Hits Record High On AI Server Buildout | Investor's … Coupon?

Why did Dell Technologies stock hit a record high on Friday?

(Reuters) -Dell Technologies shares surged 25% to hit a record high on Friday, following an upbeat annual forecast that indicated the tech equipment maker was benefiting from the AI boom. The stock climbed to $118.8, and was set to add $17.7 billion to the company's market value and on track to register its best intra-day performance. ...

Why is Dell investing in AI?

The Dell AI play comes as investors’ appetite grows to get in early on companies poised to profit off of the AI boom; shares of firms like Nvidia, Advanced Micro Devices, Palantir and Super Micro Computer have all more than doubled over the past year. Follow me on Twitter . Send me a secure tip . ...

Is Dell a 'best way to play' AI infrastructure build-out?

Dell Technologies is "the best way to play" the artificial intelligence infrastructure build-out, investment bank Morgan Stanley said Wednesday. Dell stock jumped on the news. Please watch the video at Investors.com - The AI Paradigm Shift Is Reshaping The Tech Industry. Here's How Investors Can Capture Growth. ...

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. ...

What drove Dell's AI growth?

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 growth in sales pipelines. ...

Why did Dell reach a new record high?

Dell Technologies Inc. reached a new record high after reporting better-than-expected sales and profit, fueled by demand for information technology equipment to handle artificial intelligence work. (Bloomberg) ...