Tag: dell
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SK Group Chairman Chey sells stake to Dell family office fund for $406 million
SEOUL, Oct 14 : SK Group Chairman Chey Tae-won has agreed the sale of a 1.34 per cent stake in holding company SK Inc to an investment fund linked to Dell Technologies founder Michael Dell for 544 billion won ($406 million), a regulatory filing showed on Wednesday.The deal is part of Chey’s plan to raise…
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JERA teams up with Dell, RHAELM on AI infrastructure development in Japan
TOKYO, Oct 1 : Japan’s biggest power generator JERA will partner with Dell Technologies and UK-based AI infrastructure developer RHAELM to accelerate the development of AI infrastructure in Japan, the three companies said on Thursday.They signed a memorandum of understanding (MoU) to develop a standardised fr
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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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