Dell rises on earnings beat fueled by AI demend

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Dell Technologies News

Premarket Trading,Brad Smith

Shares of Dell Technologies (DELL) rose in premarket trading on Friday. The tech giant posted better-than-expected second quarter results and raised its full...

) rose in premarket trading on Friday. The tech giant posted better-than-expected second quarter results and raised its full-year outlook. Dell is another company benefiting from AI, with increased demand for its servers.Let's get to some trending tickers that we're watching on this Friday shares of Dell moving higher this morning, the company raising its revenue and profit forecasts help by demand for its A I optimized servers which are powered by Nvidia's chips.

We should mention um revenue in its infrastructure solution business is what they're citing here and pointing back to for investors.One of the I get really a secret or uh on outperforming tech stock here over the past year.Dell beats on earnings has good things to say on the earnings call. You hear the company talking about uh in terms of backlog looking at about, they've shipped $6.5 billion of A I in structure for its customers.So Dell is an A I play, it's not just some computing company putting stuff in boxes and shipping it out the door like they did 1520 years ago.They're making real tangible things and that's why I think you're seeing the stock up in another good quarter from Dell.

 

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