Latest news with #DellTechnologies
Scoop
7 hours ago
- Business
- Scoop
Macquarie Data Centres, Dell Deliver Sovereign AI Factories To Australia
Macquarie Data Centres, part of Macquarie Technology Group (ASX: MAQ), is collaborating with Dell Technologies to provide a secure, sovereign home for AI workloads in Australia. The collaboration combines Dell's global AI leadership with Macquarie Data Centres' sovereign data centres, enabling organisations to capitalise on AI while meeting their data security obligations and national regulatory requirements. Macquarie Data Centres will host the Dell AI Factory with NVIDIA within its AI and cloud data centres. This will power enterprise AI, private AI and neo cloud projects while achieving the highest standards of data security within sovereign data centres. This solution is especially significant for critical infrastructure providers and highly regulated sectors such as healthcare, finance, education and research which have strict regulatory compliance conditions relating to data storage and processing. This collaboration gives them the secure, compliant foundation needed to build, train and deploy advanced AI applications in Australia, such as AI digital twins, agentic AI and private LLMs. As a leading data centre provider, Macquarie's 10-year growth pipeline will offer flexibility for customers to scale as demand for AI continues to grow in Australia. Answering the Government's Call for Sovereign AI The Australian Government has linked the data centre sector to its Future Made in Australia policy agenda. Data centres and AI also play an important role in the Australian Federal Government's new push to improve Australia's productivity. 'For Australia's AI-driven future to be secure, we must ensure that Australian data centres play a core role in AI, data, infrastructure, and operations' said David Hirst, CEO, Macquarie Data Centres. 'Our collaboration with Dell Technologies delivers just that, the perfect marriage of global tech and sovereign infrastructure.' Sovereignty Meets Scalability Dell AI Factory with NVIDIA infrastructure and software will be supported by Macquarie Data Centres' newest purpose-built AI and cloud data centre, IC3 Super West. The 47MW facility is purpose-built for the scale, power, and cooling demands of AI infrastructure today and into the future. Ready in mid-2026 with the entire end-state power secured, IC3 Super West reflects Macquarie Data Centres investment to meet Australia's AI ambitions. 'Our work with Macquarie Data Centres helps bring the Dell AI Factory with NVIDIA vision to life in Australia,' said Jamie Humphrey, General Manager, Australia & New Zealand Specialty Platforms Sales, Dell Technologies ANZ. 'Together, we are enabling organisations to develop and deploy AI as a transformative and competitive advantage in Australia in a way that is secure, sovereign and scalable.' A Proven Collaboration Enters the AI Era Macquarie Technology Group and Dell Technologies have collaborated for more than 15 years. As a certified Dell Titanium Partner, Macquarie Technology Group is uniquely positioned to bring AI-enabled infrastructure to the Australian market, underpinned by a proven track record of supporting mission-critical and government-grade workloads. This next chapter marks a pivotal moment in Australia's AI journey. One that reinforces national digital sovereignty, accelerates enterprise transformation and sets a new benchmark for AI infrastructure.
Forbes
4 days ago
- Business
- Forbes
Signal Says This Tech Stock's Rally Isn't Over Yet
Computer hardware stock Dell Technologies (DELL) has been consistently climbing since its early April lows, sporting a 14.8% year-to-date lead. The rally has taken a pause over the last week, however, giving the ascending 50-day moving average time to catch up. Similar moves have preceded bullish activity in the past. Per Schaeffer's Senior Quantitative Analyst Rocky White, DELL is now within 0.75 of the 50-day trendline's 20-day average true range (ATR), after spending at least 80% of the last 10 days and 80% of the last two months above it. Over the past three years, six similar signals have occurred, after which the equity was higher one month later 83% of the time with an average 15.5% gain. A comparable move from the stock's current perch at $132.53 would put it at $153.07, its highest level since June 2024. When weighing in, options look like a good way to go. DELL's Schaeffer's Volatility Index (SVI) of 39% sits in the low 7th percentile of its annual range, meaning options traders are pricing in low volatility expectations.
Yahoo
5 days ago
- Business
- Yahoo
Dell and HPE Shares Fall After Super Micro's Weak Earnings Shake AI Server Sector
Aug 6 - Super Micro Computer (NASDAQ:SMCI) rattled tech investors after its earnings fell short of expectations, dragging its stock down 17% and hitting other server makers. Dell Technologies (NYSE:DELL) dropped nearly 3% Wednesday morning, and Hewlett Packard Enterprise (NYSE:HPE) slipped 1.5%, as Wall Street digested SMCI's weak quarterly results and downbeat outlook. The San Jose-based AI server player missed both revenue and profit estimates for its fourth quarter. Adding to investor worries, Super Micro issued disappointing guidance for the current quarter, forecasting earnings between $0.40 and $0.52 per share, well below the $0.59 consensus. Revenue guidance landed between $6 billion and $7 billion, again shy of expectations. Warning! GuruFocus has detected 1 Warning Sign with HLNE. Even its full-year 2026 revenue outlook, though above analyst targets at $33 billion, represented a sharp drop from its previous $40 billion projection in February. That miss could signal trouble holding market share against larger rivals. Conversely, Dell has recently projected a higher profitability in the full year and HPE exceeded expectations in the recent quarter both of which indicate that they are absorbing some of the pie of the AI servers market that is normally held by Super Micro. Under the pressure of more intense competition, every one awaits how SMCI would respond to its peer pressure of larger rivals. This article first appeared on GuruFocus. 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
Zawya
5 days ago
- Business
- Zawya
Egypt's ICT ministry, Dell conclude third AI capacity-building initiative
Egypt's Minister of Communications and Information Technology, Amr Talaat attended the closing ceremony of the third round of a capacity-building initiative for university students in the field of artificial intelligence (AI), the ministry said. The initiative, a collaboration between the ministry and Dell Technologies, provided specialised AI training to 676 students from eight public, private, and national universities. Since its launch, the programme has trained 1,620 students who have implemented 300 AI projects. As part of the initiative, an AI hackathon was held to devise smart solutions for the tourism sector, with 63 students from 13 teams participating. Talaat honoured the three winning teams from Cairo University, the German University in Cairo, and Ain Shams University. In his speech, Talaat said the hackathon reflects the ministry's commitment to fostering diligence, innovation, and a competitive spirit among youth, in collaboration with the private sector. 'AI and other modern technologies have a developmental impact on all state sectors,' he said, adding that the ICT sector is a common denominator in all societal progress. Talaat also announced the launch of 'Digitopia,' which he described as the largest competition in the ICT sector, with total prizes of EGP 10m. The competition targets youth aged 9 to 35 and covers several technological tracks, including AI, cybersecurity, and digital arts. Mohamed Amin, Senior Vice President for the CEEMETA region at Dell Technologies, said: 'At Dell Technologies, we recognised early on the importance of digital transformation and the rapid development in the field of AI, which is why we invest about $8bn annually in research and development, with about 70% of that dedicated to AI technologies.' The AI capacity-building initiative is part of an agreement between the ministry and Dell to build the capabilities of innovative students in AI, providing them with the necessary technical support to meet the demands of the job market. © 2025 Daily News Egypt. Provided by SyndiGate Media Inc. (
Reuters
5 days ago
- Business
- Reuters
Super Micro's quarterly results underwhelm, shares tumble
Aug 5 (Reuters) - Super Micro (SMCI.O), opens new tab missed Wall Street estimates for fourth-quarter revenue and profit on Tuesday, as the company battles larger server makers for high-performance computers used to train artificial-intelligence models. Shares of the San Jose, California-based company slumped nearly 15.5% in extended trading, as the results followed multiple cuts to its full-year guidance. Its forecast also fell short of its earlier lofty expectations. Super Micro projected revenue of at least $33 billion for fiscal year 2026. The company had predicted around $40 billion in annual sales in February. Analysts on average were expecting $29.94 billion, according to data compiled by LSEG. Super Micro has been gaining traction in the hyper-competitive server industry, but analysts have said larger rivals such as Dell Technologies (DELL.N), opens new tab and HP Enterprise (HPE.N), opens new tab have been able to leverage their vast customer base to boost sales. "Since we know the market for servers is very strong right now, it is safe to assume the disappointing results for Super Micro are due to share losses," said Gil Luria, managing director at D.A. Davidson & Co. "Their customers are very discerning right now and are choosing servers from Dell, HP and others," Luria added. Dell raised its annual profit forecast while Hewlett Packard Enterprise beat second-quarter revenue and profit estimates. Super Micro expects better chip availability for its fiscal year, when compared to the last two quarters, which will help it grow better, CEO Charles Liang said on a post-earnings call. Delays in the availability of Nvidia (NVDA.O), opens new tab processors had weighed on the company in the recent quarters. Super Micro's shares have climbed about 90% this year as of last close, as investors bet on strong demand for its AI servers and its liquid cooling solutions. "The expectations for all things related to AI, especially the large language and reasoning models, have captivated investors' attention. Any softness is met with deep disappointment, which means lower stock prices," said Kim Forrest, chief investment officer at Bokeh Capital Partners. Shares of Advanced Micro Devices (AMD.O), opens new tab fell in extended trading on Tuesday, after the chipmaker reported disappointing data center revenue. Super Micro, which is bouncing back from accounting-related issues, said revenue was $5.76 billion for the three months ended June 30, compared with analysts' average estimate of $5.89 billion. Its adjusted earnings of 41 cents per share fell short of estimates of 44 cents, primarily due to tariff impact.
