Dell Stock Jumps Following $5 Billion AI Partnership with Elon Musk's xAI

Reported 28 days ago

Dell shares surged as the company reportedly approaches a $5 billion deal with Elon Musk's xAI for servers that will support AI initiatives, including the use of Nvidia's GB200 chips. While Dell's focus on AI is increasing, it continues to prioritize its core business of computers and related products. Analysts are now assessing the long-term growth potential for AI within Dell's overall strategy.

Source: YAHOO

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