Reported 8 months ago
Dell's stock is in focus as Elon Musk announced that xAI will utilize the company's server racks for its supercomputer, boosting Dell shares by 10% over two trading sessions. Dell has partnered with Nvidia to build an AI factory to support xAI's chatbot Grok. Speculations about a volume-backed breakout above Dell's all-time high of $179.70 last month could signify a potential upward trend. Recent comments by Musk and positive analyst sentiments have contributed to bullish sentiment surrounding Dell stock.
Source: YAHOO