Bank of America revamps Dell stock target after earnings

Shares of Dell Technologies (DELL) soared 22% on Feb. 27 after the company reported strong fiscal Q4 earnings and Q1 guidance. In 1984, Michael Dell started the company while he was a student at the University of Texas. Originally focused on selling PCs, the company now sees AI as its biggest opportunity. Dell sells AI-optimized servers and integrated infrastructure that help companies run large language models in their own data centers. Nvidia (NVDA) is a key partner of Dell, with Dell's systems built ...