Reported 5 months ago
The stock of Dell Technologies (NYSE: DELL) has tripled in the past year due to the increasing adoption of artificial intelligence (AI), particularly in the server and PC markets. Dell has seen a 40% increase in orders for AI-optimized servers and has extended its partnership with Nvidia to offer server solutions using Blackwell AI GPUs. With AI PC shipments expected to rise and analysts forecasting a return to earnings growth, buying Dell's stock at its current valuation could be a promising investment.
Source: YAHOO