Dell's AI Server Boom Drives Q3 Success
Markets & Money Today | 2 Min News | The Daily News Now! - En podcast av The Daily News Now! - Onsdagar
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Dell Technologies Q3 results soar, driven by AI server demand; CEO highlights all-time high orders, steady commercial PC business, and improved profit margins in storage products. Revenue reaches $27.01 billion, meeting analyst expectations. Analysts question PC refresh cycle and AI growth, Dell addresses concerns with pricing and supply chain strategies. Stock trades at $132.02, up from $126.15 before earnings announcement, reflecting investor confidence in AI infrastructure growth.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
