With its huge opportunity in artificial intelligence, Dell Technologies (NYSE: DELL ) is one of the best tech stocks investors can own. In late May, DELL stock rallied to an all-time high of just under $180 per share on expectations that the company will see exponential growth from sales of its AI servers.
Companies that sell AI server systems offer better value than the AI chip leader right now. Demand is exploding for Super Micro Computer's liquid cooling technology in the AI server market.
xAI just raised $6 billion of funding, and it's using some of that capital to build a factory with Dell and Super Micro Computer. Dell and Supermicro are emerging as leaders in the infrastructure solutions pocket of the AI arena.
The AI wars are heating up, and Elon Musk has joined the race. Grok, X's chatbot, is his answer to OpenAI's ChatGPT.
Dell founder Michael Dell let investors know about his plans to sell 10 million shares. Is this a bearish sign?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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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Dell Technologies (DELL) stock price is benefiting from a robust portfolio of AI-optimized servers and an expanding partner base.
With the Nvidia (NASDAQ: NVDA ) shareholder meeting fast approaching, many analysts are speculating how its internal reporting could impact the broader tech industry. This year's 2024 meeting will likely highlight much of the roaring success the company has seen since the start of 2023 and could set off other tech stocks as a result.
Dell Technologies (DELL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?