Dell said that it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales this year.
Dell Technologies Inc. gave a strong outlook for sales of servers optimized for artificial intelligence, though investors remained concerned about the profitability of these products.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.
Dell Technologies forecast annual profit above Wall Street estimates on Thursday, while projecting full-year revenue that was in line with market expectations, in a sign of intense jostling in the AI server market.
Dell's AI-driven growth potential highlighted. Learn why DELL stock's partnerships and valuation make it a buy, with a 64.6% upside.
Dell Technologies is nearing a deal worth more than $5 billion to provide Elon Musk's xAI with servers optimized for artificial intelligence work, Bloomberg News reported on Friday, citing people familiar with the matter.
Dell Technologies showcased robust earnings performance, exceeding EPS estimates despite missing revenue estimates.
Dell reported that it earned a net income of $1.5 billion on revenues of $23.9 billion in the quarter ending January 31, 2025.
Dell Technologies (DELL) has reported mixed fourth-quarter 2024 financial results and offered forward guidance that fell short of Wall Street
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