Is Dell Stock a Buy Now?

The computer giant is successfully capitalizing on the AI opportunity. Dell's outsized stock performance was thanks to the immense demand for artificial intelligence hardware. The company sells PCs, computer servers, and other IT infrastructure products designed for AI. Dell's stock fell after earnings because its gross margin declined 250 basis points in Q1. Not only that, the firm expects gross margin to drop around 150 basis points in its 2025 fiscal year. Management blamed inflation and competitive pres ...