Dell Technologies Inc. is seeing its backlog swell thanks to new deals with xAI, Elon Musk’s artificial-intelligence company, and other AI players.
Dell Chief Operating Officer Jeff Clarke (pictured) said on a call with analysts that the company had sold about $10 billion worth of AI-optimized servers in fiscal 2025, and expects that number to increase to $15 billion in the current year. So far, it has already accumulated more than $4.1 billion in AI server orders that are yet to be fulfilled.
We recently published a list of Top 10 Buzzing AI Stocks to Watch Now. In this article, we are going to take a look at where Dell Technologies Inc. (NYSE:DELL) stands against other top buzzing AI stocks to watch now.
Dell Technologies is reportedly nearing a $5 billion deal to provide xAI with servers optimized for artificial intelligence work.
Elon Musk's high-valued artificial intelligence startup relies on Nvidia chips, and is reportedly buying a hefty amount from Dell.
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.
Dell reported fiscal fourth-quarter earnings that exceeded analysts’ expectations, as the PC and server maker benefitted from growing demand for artificial intelligence infrastructure.
A WIRED investigation reveals that criminals who make billions from scam compounds in Myanmar—where tens of thousands of people are enslaved—are using Starlink to get online.
Shares of Dell Technologies (DELL) are up in today’s trading after Bloomberg reported that the tech hardware company is in advanced discussions
Dell shares climbed Friday following a report the PC maker is nearing a $5 billion AI server deal with Elon Musk's xAI.
Dell CEO Michael Dell praised Elon Musk's AI startup xAI's chatbot Grok 3 for its rapid improvements and leading the App Store charts.
Dell Technologies Inc. gave a strong outlook for sales of servers optimized for artificial intelligence, though investors remained concerned about the profitability of these products.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.