Latest news with #DellTechnologies
Yahoo
10 hours ago
- Politics
- Yahoo
Nvidia and Dell to Supply Next US Department of Energy Supercomputer
The U.S. Department of Energy stated that NVIDIA Corporation (NASDAQ:NVDA)'s future Vera Rubin chips and Dell Technologies Inc. (NYSE:DELL)'s liquid-cooled servers would power its next supercomputer. A close-up of a colorful high-end graphics card being plugged in to a gaming computer. "Doudna" is scheduled to be deployed at Lawrence Berkeley National Laboratory in 2026. The technology, which bears the name of Nobel winner Jennifer Doudna, will assist 11,000 researchers in fields ranging from physics to biology. Chris Wright, the Secretary of Energy, underlined the system's contribution to national security and scientific advancement. Jensen Huang, the CEO of NVIDIA Corporation (NASDAQ:NVDA), stressed the importance of supercomputers as "vital instruments" for both defense and innovation. Doudna attributed her CRISPR discoveries to previous backing from the Energy Department. The system carries on the Department's history of nuclear weapons development and high-performance computing. The announcement comes after NVIDIA Corporation (NASDAQ:NVDA)'s operations in China came under political scrutiny. Senator Tom Cotton cautioned against evading export restrictions, pointing to national security threats associated with exporting AI chips to China, while Senators Banks and Warren expressed worries about a potential R&D center in Shanghai. While we acknowledge the potential of NVDA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about this READ NEXT: and . Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
20 hours ago
- Business
- Globe and Mail
DELL Earnings: Dell Technologies Posts Mixed Results but Raises Guidance
Dell Technologies (DELL) has reported mixed first-quarter financial results but raised its forward guidance. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter The Texas-based company announced earnings per share (EPS) of $1.55, which fell short of the $1.69 forecast on Wall Street. Revenue in the period totaled $23.38 billion, which surpassed the $23.14 billion consensus forecast of analysts. Sales were up 5% from a year earlier. In terms of guidance, Dell's executive team said they expect $2.25 in earnings per share for the current quarter, with between $28.5 billion and $29.5 billion of revenue. That outlook is significantly higher than consensus expectations. Management attributed the strong guidance to $7 billion in artificial intelligence (AI) systems that are expected to ship during the quarter. Full-Year Outlook For the full year, Dell expects $103 billion in revenue, which is in line with Wall Street forecasts. However, the company raised its forecast for full-year earnings to $9.40, which was a 10 cent increase from the company's previous outlook. Dell is one of chipmaker Nvidia's (NVDA) main vendors for the servers that run AI processors. Dell said in its latest earnings statement that it is seeing 'unprecedented demand' for AI servers and systems. Management said they have $14.4 billion in confirmed orders for AI systems in backlog that will ship in coming quarters. The company recorded $12.1 billion in AI orders during this year's first quarter. Segment Breakdown Dell's AI server business is reported as part of its Infrastructure Solutions Group, which had $10.3 billion in sales during the quarter, a 12% year-over-year increase. Of that, $6.3 billion was sales for servers and networking, and $4 billion was for computers that store data. The company's laptop and personal computer (PC) business, its Client Solutions Group, recorded $12.5 billion in sales as the global PC market begins to recover after slumping for several years. The computer maker spent $2.4 billion on share repurchases and dividends during the first quarter. DELL stock has declined 0.44% this year. Is DELL Stock a Buy? The stock of Dell Technologies has a consensus Strong Buy rating among nine Wall Street analysts. That rating is based on nine Buy recommendations issued in the last three months. The average DELL price target of $133.56 implies 17.52% upside from current levels. These ratings are likely to change after the company's financial results. Disclaimer & Disclosure Report an Issue
Forbes
a day ago
- Business
- Forbes
Dell Taps Qualcomm's AI 100 Chips For Upcoming Pro Max Plus Laptops
At Dell Technologies World 2025 in Las Vegas earlier this month, as you might expect in this day and age, many of the announcements and releases revolved around AI and AI-driven solutions. The day one and two keynote speeches from Michael Dell and Jeff Clarke, both specifically highlighted advancements in AI, from the cloud to the edge, along with AI factories and modern workplace solutions. As a long-time accelerated computing enthusiast, I thought one particular announcement, regarding an upcoming Dell Pro Max Plus mobile workstation, flew a bit under the radar. The Dell Pro Max Plus is a premium 18' desktop-replacement class laptop designed specifically with AI engineers and data scientists in mind. In fact, it is the first machine of its kind to feature not one, but two enterprise-grade discrete NPUs, namely the Qualcomm AI 100. Each AI 100 features 16 of Qualcomm's 7th-gen AI cores with 144 MB of on-chip memory, and each is capable of delivering up to 400 Int8 TOPs and 200 FP16 TOPs of compute performance. Each AI 100 is also paired to 32GB of LPDDR4X memory (64GB in total) offering up to 136GB/s of peak bandwidth, but the entire complement of AI compute resources and memory are presented to the system as a single resource pool. Qualcomm's AI 100 accelerators in the Dell Pro Max Plus are integrated on a custom PCB, that is attached via PCI Express, and installed in the laptop where a discrete GPU would normally reside. Incorporating the discrete AI accelerators with a relatively large memory capacity in this way allows the system to handle large AI models locally, without relying on the cloud, that are simply too much for most on-processor NPUs and discrete GPUs. This is a key differentiator for the Dell Pro Max Plus; the ability to process AI workloads directly on the device enhances security, reduces latency, and ultimately gives users greater control over their proprietary data. Dell's decision to integrate a discrete AI accelerator card rather than a GPU does have some drawbacks, however. While the Qualcomm AI 100s with 64GB of memory will be capable of running models that are simply too large to fit in the 24GB of memory available in even NVIDIA's current, most powerful laptop GPU, the NVIDIA RTX PRO 5000 Blackwell Generation, these Qualcomm chips don't handle any graphics processing or 3D rendering. That will obviously limit gaming on the system (which likely isn't a concern for the users targeted by the Dell Pro Max Plus), but it will also hinder some creator and pro-vis workloads as a result. The Dell Pro Max Plus is built around Intel's most powerful Core Ultra 200HX series processors and offers up to 96GB of system memory, so it'll have plenty of CPU horsepower and a relatively capable integrated GPU with a modern media engine, but neither can make up for the lack of a discrete GPU in some workloads. There are also products built around AMD's 'Strix Halo' Ryzen AI Max series of processors to consider. Strix Halo has a somewhat unique design that combines up to 16 CPU cores with a powerful GPU, connected to system memory over a 256-bit wide memory interface. In a system with 128GB of memory, the GPU in the Ryzen AI Max series can access up to 96GB of memory, which would technically allow it to process even larger models than the pair of AI 100s in the Dell Pro Max Plus, but without as much compute muscle. All that said, the upcoming Dell Pro Max Plus with Qualcomm AI 100s still represents an interesting value proposition for AI engineers and data scientists that can benefit from a mobile form factor. The AI PC landscape is still taking shape, but there's no denying it's here to stay and the need for AI compute resources isn't going away anytime soon. It's great to see Dell taking a chance on an innovative solution and I suspect the Dell Pro Max Plus has many potential users intrigued.
Yahoo
a day ago
- Business
- Yahoo
Dell Technologies (NYSE:DELL) Projects 16% Q2 Revenue Growth Year Over Year
Dell Technologies recently reported a successful first quarter for 2025, with revenue growth but a slight dip in net income, coinciding with optimistic guidance for the upcoming quarter and fiscal year. This positive outlook, along with strategic partnerships and AI-focused product innovations, likely added weight to the company's share price increase of 21% last month. Despite stocks being generally lower following trade uncertainties, the tech-heavy Nasdaq and the broader market experienced gains. Dell's market performances reflect favorable investor sentiment as it aligns with tech sector trends, further supported by its strong earnings guidance and robust partnerships. Dell Technologies has 2 warning signs (and 1 which is a bit concerning) we think you should know about. Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit. The positive developments in Dell Technologies' first quarter results, including revenue growth and strategic advancements in AI, storage technology, and partnerships, align with its recent share price surge. This optimistic outlook potentially boosts revenue and earnings forecasts, fostering investor confidence. However, competitive pressures and tariff impacts remain concerns, which could offset some of the expected benefits of Dell's strategic focus. Dell has also demonstrated substantial shareholder returns, with a very large total return of 394.24% over five years. Although impressive, it's worth noting that over the past year, Dell's returns lagged behind the broader US market's 12.5% gain while also underperforming the US Tech industry, which saw a 3.2% increase. As Dell embarks on initiatives like optimizing operations and expanding AI capabilities, its current valuation offers a potential gap to the consensus price target of US$126.84, reflecting a share price discount. The share price moved closer to this target, rising significantly last month amid a broader tech rally, yet remains below the expected market level. This context underscores both the opportunities and risks associated with Dell's strategic moves, which may influence future revenue and earnings trajectories. As always, evaluating the long-term implications and aligning these with individual expectations is crucial for a comprehensive investment outlook. Click to explore a detailed breakdown of our findings in Dell Technologies' financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:DELL. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Dell Technologies (NYSE:DELL) Projects 16% Q2 Revenue Growth Year Over Year
Dell Technologies recently reported a successful first quarter for 2025, with revenue growth but a slight dip in net income, coinciding with optimistic guidance for the upcoming quarter and fiscal year. This positive outlook, along with strategic partnerships and AI-focused product innovations, likely added weight to the company's share price increase of 21% last month. Despite stocks being generally lower following trade uncertainties, the tech-heavy Nasdaq and the broader market experienced gains. Dell's market performances reflect favorable investor sentiment as it aligns with tech sector trends, further supported by its strong earnings guidance and robust partnerships. Dell Technologies has 2 warning signs (and 1 which is a bit concerning) we think you should know about. Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit. The positive developments in Dell Technologies' first quarter results, including revenue growth and strategic advancements in AI, storage technology, and partnerships, align with its recent share price surge. This optimistic outlook potentially boosts revenue and earnings forecasts, fostering investor confidence. However, competitive pressures and tariff impacts remain concerns, which could offset some of the expected benefits of Dell's strategic focus. Dell has also demonstrated substantial shareholder returns, with a very large total return of 394.24% over five years. Although impressive, it's worth noting that over the past year, Dell's returns lagged behind the broader US market's 12.5% gain while also underperforming the US Tech industry, which saw a 3.2% increase. As Dell embarks on initiatives like optimizing operations and expanding AI capabilities, its current valuation offers a potential gap to the consensus price target of US$126.84, reflecting a share price discount. The share price moved closer to this target, rising significantly last month amid a broader tech rally, yet remains below the expected market level. This context underscores both the opportunities and risks associated with Dell's strategic moves, which may influence future revenue and earnings trajectories. As always, evaluating the long-term implications and aligning these with individual expectations is crucial for a comprehensive investment outlook. Click to explore a detailed breakdown of our findings in Dell Technologies' financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:DELL. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
