📈 Dell strengthens thanks to demand for AI servers!🚀
Shares of Dell Technologies $DELL+1.5% are experiencing strong growth, mainly due to increasing demand for AI-optimized servers. Last quarter, orders for these servers came in at an impressive $3.2 billion, a significant increase from the previous $2.6 billion. 📊
Company Dell Technologies is a global leader in information technology, offering a wide range of products and services including personal computers, servers, networking, data storage and IT security. In recent years, the Dell Dell has focused primarily on innovations in artificial intelligence, cloud solutions and data infrastructure, responding to the growing demand for high-performance technologies in a digitally transformed world.
Dell
DELLThe company's total revenue grew by 9 % to $25 billion, exceeding analysts' expectations. The unit, which includes servers and other infrastructure, brought in $11.6 billion - more than the estimated $10.9 billion. So Dell is showing its strength in AI infrastructure, which was reflected in operating margin growth at 11 %.
💻 While the personal computer market continues to lag expectations, the sector AI servers is emerging as a key growth driver. This is evidenced by the growing interest not only from cloud service providers but also enterprises and government institutions.
Dell is aware of the challenges it faces, especially with the high cost of chips from Nvidia. Yet it is proving that its focus on innovation and technological advancement is paying off. 🌐
In addition, the use of AI not only improves server efficiency, but also the company's internal processes - staff reductions and cost optimisation are now partly driven by AI. 🤖
How do you see it? Are you investing in AI-focused tech companies? What do you think of DELL?✨
Last year I thought about buying $HPQ+0.8% stock, but I see that $DELL+1.5% stock is doing much better. I'm adding this stock to my watchlist.
I invest in AI, but I don't want to buy $DELL+1.5% stock. Do you think it makes sense to hold their stock?
The company seems to be doing quite well lately. It doesn't look bad at all, but I'm not buying.
Awesome results that deservedly sent the company's price higher. Moreover, the price per share is not at its peak and is trading "quite" at a reasonable level. I definitely see potential for further upside here.
nice