Dell on Thursday forecast a decline in its adjusted gross margin rate for fiscal year 2026, hit by higher costs to build artificial intelligence servers in a fiercely competitive market, while its PC business also lagged amid soft demand.
Dell said that it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales this year.
Shares of Dell Technologies Inc. were heading lower in extended trading today after the company reported fourth-quarter sales that came in below estimates and offered a mixed revenue outlook for the current quarter.
From IPO announcements to earnings reports and ambitious projections, the world of AI has been abuzz with activity.
A local case of fraud in Singapore might be the tip of the iceberg for some international AI intrigue. According to Reuters, three people were charged with fraud for allegedly lying about the delivery of items to a server supplier.
Dell (DELL) reported fiscal fourth-quarter earnings that exceeded analysts’ expectations, as the PC and server maker benefitted from growing demand for artificial intelligence infrastructure. Dell posted adjusted earnings of $1.
Dell Technologies (DELL) stock is down nearly 5% on news that Apple (AAPL) is planning to develop a massive new factory in Texas by 2026 that
Dell's dilemma is playing out for the largest U.S. server makers as they navigate the artificial intelligence boom.
Dell Technologies stock fell after the company gave a mixed revenue outlook for the current quarter. “Our prospects for AI are strong, as we extend AI from the largest cloud service providers, into the enterprise at-scale,
As the AI boom cycle matures, investors are shifting their focus away from top-line revenue growth and toward bottom-line profits.
Shares in Dell (DELL) continued to malfunction today despite analysts talking up the computer group’s AI potential.Discover the Best Stocks and
Dell's AI-driven growth propelled stock performance but raised questions on margins and long-term profitability. Click here to find out why DELL stock is a Buy.