Time to Buy into Dell Technologies (DELL) Post-Earnings Rally?
Dell Technologies(DELL) Zacks Investment Research·2024-03-04 23:06
Dell Technologies (DELL) stock has soared +32% following its strong Q4 results last Thursday which showed the IT solutions leader continues to gain an edge in its artificial intelligence offerings. The rally came as Dell is using Nvidia’s (NVDA) AI-powered GPUs for its servers and is starting to join in on the chip giant’s incredible success.Correlating with higher demand and increased interest in enterprise AI, Dell’s stock has now skyrocketed +63% year to date to somewhat mirror Nvidia’s +74%. With that ...