Tag: dell
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Dell shares gain after strong AI server demand boosts annual forecast
Sept 2 : Dell Technologies’ shares climbed nearly 10 per cent in premarket trading on Wednesday, as strong demand for its AI-optimized servers powered an increase in its annual revenue and profit forecasts.AI infrastructure companies have benefited from rising demand as tech firms and hyperscalers ramp up inv
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Dell again lifts annual forecasts as AI demand powers record results
Sept 1 : Dell Technologies on Tuesday boosted its annual revenue forecast by $25 billion while also raising its profit outlook for the second time this year, driven by soaring demand for its AI servers.Dell’s shares rose 7 per cent in extended trading.The servers, equipped with Nvidia’s chips, are soug
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Dell again lifts forecasts as AI demand powers record results
Sept 1 : Dell Technologies on Tuesday boosted its annual revenue and profit forecasts for the second time this year, driven by soaring demand for its AI servers from technology companies pouring billions into data centers.Shares of the Round Rock, Texas-based company rose around 8 per cent in extended trading
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