Dell Technologies Inc. (DELL)
Dell and Super Micro Computer: Musk's Favorite AI Hardware Stocks
Investors can often dissect the reasoning behind some of the world's brightest minds' choices, remembering not to blindly follow them. The investing world is always focused on what mega investors like Warren Buffett or Ray Dalio have been buying or selling lately; however, other gems in other areas should also be kept under watch.
Why Nvidia, Super Micro Computer, Dell, and Other Artificial Intelligence (AI) Stocks Rallied This Week
Nvidia completed its high-profile stock split and got a huge vote of confidence from Wall Street, driving other AI stocks higher. One analyst thinks Micron's profits could double.
Musk Says Dell, Super Micro Computer Will Provide Hardware for His AI Startup
Shares of Dell Technologies (DELL) and Super Micro Computer (SMCI), also known as Supermicro, rose in intraday trading Thursday after Elon Musk announced that the two tech firms would be developing hardware for his xAI artificial intelligence (AI) startup.
CEO Michael Dell Has Sold $2.1 Billion of DELL Stock in 2024
Dell (NYSE: DELL ) stock has returned about 100% year-to-date (YTD) on the heels of the artificial intelligence (AI) revolution — and CEO Michael Dell has taken full advantage of the generous returns. Dell's last insider sale, on June 14, consisted of 2.83 million shares worth $379.54 million.
Elon Musk Just Supercharged DELL Stock. Where Does It Go Next?
Elon Musk's xAI artificial intelligence (AI) venture appears to be moving forward. The Tesla (NASDAQ: TSLA ) CEO has been working on creating an AI supercomputer for months, but now two of the tech sector's leading companies — neither of which are owned by Musk — are teaming up to create an AI factory to help power xAI's supercomputer and Grok chatbot.
Super Micro Computer and Dell Stock Investors Just Got Spectacular News From Elon Musk
Super Micro Computer and Dell Technologies are building an AI factory for xAI.
Elon Musk reveals Dell and SMCI as xAI suppliers
Elon Musk just revealed Super Micro Computer Inc (NASDAQ: SMCI) and Dell Technologies Inc (NYSE: DELL) as providers of servers to xAI – his artificial intelligence startup committed to building a supercomputer. Shares of both hardware firms are gaining on Thursday.
Elon Musk's xAI build-up plan sparks gains by Dell and Super Micro
A confirmation from Elon Musk that he's using technology from Dell Technologies and Super Micro Computer in a supercomputer for his artificial intelligence company xAI sent shares of the two technology names higher on Thursday.
Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project
"Dell is assembling half of the racks that are going into the supercomputer that xAI is building," Musk said, adding that Super Micro will also be involved.
Dell Stock in Focus on News Company Will Provide Server Racks to xAI Supercomputer
Dell (DELL) shares, which have gained 10% over the past two trading sessions, remain in focus on Thursday after Elon Musk said Wednesday that his artificial intelligence (AI) startup xAI will use the hardware giant's server racks to build its supercomputer.
Is Dell Stock a Buy Now?
Dell experienced year-over-year revenue growth in its fiscal first quarter, but gross margin declined. The company's sales are growing thanks to the success of its AI-optimized hardware.
Which Company Is Nvidia's Biggest Mystery Customer? Our 3 Best Guesses
It's safe to say Nvidia (NASDAQ: NVDA ) has done the impossible. The company went from a $2 trillion market capitalization to $3 trillion in just 96 days, a little over a financial quarter.
