(Reuters) -Dell Technologies beat Wall Street estimates for fourth-quarter revenue on Thursday, helped by the artificial intelligence boom and a recovery in the personal computer (PC) market. Shares of the Round Rock, Texas-based company rose more than.
(Reuters) -Dell Technologies forecast annual revenue and profit above Wall Street estimates on Thursday, betting on demand for its artificial intelligence servers, sending the company's shares up more than 16% in after-hours trading. Dell is a beneficiary of rising demand for its AI servers that are equipped with chip designer Nvidia's graphics processing units (GPUs), which helps to meet the demands of high-performance computing. "Our strong AI-optimized server momentum continues, with orders i
(Bloomberg) Dell Technologies Inc. reported revenue that declined more than expected, buffeted by continued sluggish corporate demand for personal computers. Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarBanking Escapees Make Billions From Private Credit BoomThese Are the World's Most Expensive Cities to Live In Right NowTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025Biggest Blowout in Bonds Since the 1980s Sparks Everything RallyFiscal th
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