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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 Nvidia chips.
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
Dell stock falls after fourth-quarter revenue, earnings outlook to be lower than expected
Dell Technologies shares fell 10% in after-trading after the company estimated Q4 revenue and earnings to fall below initial expectations.
Dell's quarterly revenue misses estimates on PC weakness
Dell missed Wall Street expectations for third-quarter revenue on Tuesday, weighed down by weaker demand for its traditional PCs and stiff competition from rival server makers, sending its shares down more than 10% in extended trading.
Dell's third-quarter revenue misses on PC weakness
Despite booming demand for Dell's AI-optimized servers used to handle large AI workloads, its traditional PC segment has been facing stiff competition from rivals such as HP and weaker consumer spending amid an uncertain economy.
Business Insider on MSN
8h
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 ...
3h
Dell stock sinks after company warns AI spending 'will not be linear'
Dell Technologies stock sank Wednesday as the company took a cautionary approach to its fourth quarter guidance, warning that ...
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 ...
The Next Platform
4h
Fat Server Spending Props Up Slowing AI Servers At Dell
Just because you are the number one supplier of servers, storage, and PCs in the world does not mean the job of building ...
2h
Disappointing Dell results demonstrate ‘lumpiness’ in AI rollout: analyst
A senior data infrastructure analyst says investors shouldn’t expect linear quarterly growth related to the adoption of ...
15h
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 ...
20h
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 ...
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 ...
NBC New York
1d
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 ...
CRN
6h
Dell Technologies COO Clarke: ‘The Opportunity In AI Is Enormous’
Growth in AI infrastructure demands plays into Dell’s hands as the company ramps up its AI server, storage, and commercial PC ...
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