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AI, Dell

Business Insider on MSN · 1h

Dell's AI business is booming, but shares plunged after it cut its revenue outlook

Dell reported third-quarter earnings on Tuesday that showed promising growth for its AI business, but forecast lower overall revenues than expected for the end of the year. The company's third-quarter revenue rose 10% year over year to $24.4 billion but ...

MarketWatch on MSN · 12h

Dell sees AI-server boom gain more steam, but overall revenue falls short

Dell beat expectations in its infrastructure solutions group, which includes servers, but came up short in client solutions, which includes PCs

SiliconANGLE · 14h

Dell’s stock falls on weak guidance, as more customers hold off for next-gen AI servers

The company is forecasting lower server sales, and blamed the shortfall on enterprise customers that are waiting to snap up new systems powered by Nvidia Corp.’s next-generation Blackwell graphics processing unit chips and therefore shifting to later orders, some of which won’t be reflected in the current quarter.

Barron's on MSN · 11h

Dell Stock Tumbles on Weak PC Sales. AI Server Strength Isn’t Enough.

Dell, HP Shares Slump on Weak Outlooks

Reuters on MSN · 1h

HP, Dell's Weak Forecasts Spark Share Selloff, Doubts Over PC Market Recovery

The boom in the server market has helped Dell shares climb 85% this year, outperforming a 30% rise in HP Inc and HP Enterprise. But some analysts warned that a slow rollout of Nvidia's next-generation AI chip may hurt Dell's sales. HP shares trade 10.84 times analysts' profit estimates, compared with 15.51 for Dell and 30.94 for Microsoft.

The Wall Street Journal on MSN · 13h

Dell, HP Shares Slump on Weak Outlooks as PC Upgrades Slow to Materialize

Dell Technologies and HP are both waiting for consumers to upgrade their personal computers, which is dragging on their sales for the time being. Shares of both tech companies slumped in late trading.

Bloomberg on MSN · 15h

HP Gives Lackluster Profit Outlook on Slow PC Market Recovery

HP Inc. gave an outlook for profit in the current quarter that fell short of estimates, suggesting a setback in the personal computer market’s recovery from a yearslong slump.

16hon MSN

Dell shares fall on light forecast despite growing AI sales

Dell is a top vendor for computers required to develop and deploy artificial intelligence, especially computers based around ...

1d

Is Dell the Next Big-Time Artificial Intelligence (AI) Stock?

However, Dell also has a division within its company that builds data center servers, which have seen a massive boost in ...

8h

Dell Q3: Rapid AI Server Growth Offset Weak Consumer PC Sales, Remain 'Strong Buy'

Dell's new AI server products and partnerships with Nvidia, AMD, and Intel position it well for future growth. Find out why ...

8d

Dell Unveils New AI-Powered Infrastructure at SC24 Conference

Dell unveils AI infrastructure, liquid-cooled servers, and services at SC24, driving enterprise AI acceleration and ...

RCR Wireless News21h

Dell Technologies highlights telecommunications AI portfolio at Futurecom

AI can enhance network optimization and process efficiency while also helping CSPs capture new revenue streams | RCR Wireless ...

28mon MSN

Dell's results and guidance were 'lumpy,' but Wall Street is keeping the faith

Though Dell Technologies' (DELL) third-quarter results were mostly in-line with expectations and its guidance was a tad ...

7d

Dell Unveils AI and Cybersecurity Solutions at Microsoft Ignite 2024

Dell announced new AI and cybersecurity advancements at Microsoft Ignite, including APEX File Storage and Copilot services ...

Dell shares fall on light revenue despite growing AI sales

Dell shares have risen 86% so far in 2024 as investors realize that it is one of the most important companies selling tools ...

Investor's Business Daily on MSN16h

Dell Stock Slips As Revenue Misses Forecasts Despite Earnings Beat

Dell Technologies stock tumbled late Tuesday after the tech hardware company reported mixed fiscal third quarter results.

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