DELL STOCK RISES ON AI DEPLOYMENT FORECAST
Dell Technologies shares $DELL+0.8%
-Rising on Friday: Up more than 20% following the release of its annual forecast.
-Market capitalization: Increased more than $15 billion to $116.6 billion.
- Second day of growth:For the second day in a row, the company's stock faced approximately 20% growth following the release of quarterly results.
Results and Outlook:
-Quarterly Results : Orders for Artificial Intelligence Servers up 40%.
- Q4 Revenue: Reached $4.9 billion driven by AI-optimized servers.
-Total Q4revenues: USD 22.32 billion, Adjusted earnings per share of $2.20, beating expectations.
-Fiscal year outlook: Revenue is expected to be between $91 billion and $95 billion, reflecting strong trends in artificial intelligence and improved performance in servers, storage and personal computing.
What do you think of the great growth and what is your view on the future of this company?
What is this introduction of artificial intelligence supposed to consist of?