DELL Stock Recent News
DELL LATEST HEADLINES
In the most recent trading session, Dell Technologies (DELL) closed at $125.10, indicating a +1.39% shift from the previous trading day.
Zacks.com users have recently been watching Dell Technologies (DELL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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It has been reported that Nvidia (NVDA) chips have been sent to China inside Dell and Super Micro Computer (SMCI) servers. Caroline Woods discusses this, as well as analysts' take on SMCI.
IBM and Dell are tapping into the AI revolution, offering growth at more reasonable prices compared to high-flyers like Nvidia. Enterprise AI is still in its early stages, indicating a long runway for growth which both IBM and Dell are well-positioned to exploit.
UBS sees the stock climbing to new highs in the near term based on booming demand for Dell's AI servers. Dell posted a decline in revenue last year, but the bright spot was a nearly 40% increase in AI server orders in the fiscal fourth quarter.
Chinese universities and research institutes recently obtained high-end Nvidia artificial intelligence chips through resellers, despite the U.S. widening a ban last year on the sale of such technology to China.