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Michael Dell, who revolutionized the personal-computer industry with Dell Technologies in the late ‘90s and is now the 10th richest person in the world, offered his take on the AI wave his company is helping enable, and why he thinks the data-center building peak is not yet here.
Dell stock popped after the company raised its long-term revenue and profit growth forecasts. The computer maker said it now expects annual revenue to grow between 7% and 9%, up from its prior forecast of 3% to 4%. Dell pointed to robust demand for artificial intelligence infrastructure.
Dell expects long-term compounded annual revenue growth of 11% to 14% for the infrastructure solutions group – home to its storage, software and server offerings. That compares with its earlier expectations of 6% to 8%.
This article first appeared on GuruFocus. Oct 8 - Dell Technologies (NYSE:DELL) climbed about 7% on Wednesday after the company raised its long-term revenue and profit outlook, reflecting growing confidence in artificial intelligencerelated demand.
Dell Technologies Inc (NYSE:DELL) shares are trading higher on Wednesday following a wave of analyst price target increases after the company provided an updated outlook at an analyst meeting.
That's how it goes after a nasty injury. Dell isn't close to healthy enough to play. But the Houston Texans' talented wide receiver is on the comeback trail. Dell dislocated his left kneecap and tore ligaments in that knee in December of last season. It's a longshot that he can make it back for 2025 at all.
Once you make a purchase, you have 30 days to request a return. Some items, however, can’t be returned, like software, gift cards and customized orders. To start a return, go to Dell’s Order Support page and enter your order number—you’ll receive specific instructions and a return label via email.
Right now, you can get this Dell Inspiron 15 3530 Touchscreen Laptop while it’s 80% off. That brings it down from the listed price of $4,300 to $878, and you’re getting a huge amount of power for that price. This deal isn’t going to last for long though, so you’ll want to be quick, or you’ll miss out.
Dell Technologies (DELL) shares rose 8% on Wednesday, as Wall Street analysts praised the IT giant's updates at its financial analyst day. Read for more.
Dell’s growth potential in AI servers is the reason its targets look feasible, writes Melius Research analyst Ben Reitzes.