Core Viewpoint - Dell Technologies Inc. is considered one of the best affordable tech stocks to buy, but analysts have a cautious outlook ahead of the company's earnings announcement, indicating a mixed earnings setup for 2026 [1][2]. Group 1: Analyst Ratings and Outlook - Piper Sandler maintained an Overweight rating on Dell Technologies with a price target of $172, but expressed concerns about the company's earnings setup for 2026, describing it as "concerning to mixed" [2]. - Analysts noted that Dell's performance is strong in certain areas, but overall, the company faces challenges compared to its peers, particularly due to its "cost+" pricing model and rising component costs, which may pressure gross and operating margins [1][2]. Group 2: Revenue Forecast - Analysts forecast Dell's FY27 revenue to start at approximately $120 billion, reflecting the anticipated challenges ahead [1]. Group 3: Strategic Partnerships - Dell partnered with NxtGen AI Pvt Ltd to establish India's first and largest dedicated AI factory, aimed at enhancing the country's domestic AI computing capacity [3]. - The AI infrastructure will include over 4,000 NVIDIA Blackwell GPUs, NVIDIA BlueField-3 DPUs, and NVIDIA Spectrum-X Ethernet networking, designed for demanding model training and inference tasks [3]. Group 4: Product Portfolio - Dell Technologies develops and sells a range of products including personal computers, servers, storage devices, networking equipment, and IT solutions, complemented by services in cloud computing and cybersecurity [4].

Core Insights - VCI Global Limited, through its subsidiary V Gallant, has launched its first Enterprise AI GPU Lounge in Kuala Lumpur, Malaysia, which is now operational and ready to handle enterprise workloads by late January 2026 [1][2] - The AI GPU Lounge is a co-working data center that provides on-demand access to NVIDIA Blackwell-based compute infrastructure, allowing enterprises to avoid upfront capital investments [2][3] - The facility aims to convert AI infrastructure from a fixed capital expenditure model to a flexible operating expense model, enabling enterprises to scale resources according to workload demand [3] Infrastructure and Technology Highlights - The AI GPU Lounge utilizes NVIDIA Blackwell GPUs, which offer significant performance improvements for large language model inference and advanced AI workloads [3] - Operations are managed through V Gallant's proprietary Intelli-X™ platform, designed to meet data sovereignty, privacy, and compliance requirements for regulated industries [3] - The facility also serves as an IDEX Hub, integrating human expertise with machine intelligence, and is part of VCI Global's strategy to expand AI infrastructure hubs [3] Market Opportunity and Demand Dynamics - The global enterprise AI infrastructure market is projected to grow from approximately US$87.6 billion in 2025 to nearly US$197.6 billion by 2030, with a compound annual growth rate (CAGR) of about 17.7% [4] - This growth is driven by increased demand for high-performance compute and GPU-accelerated systems from enterprises and hyperscalers [4][5] - The AI GPU Lounge represents a strategic response to the accelerating demand for scalable and flexible AI compute environments [5] Strategic Foundation for Physical AI - The operational launch of the AI GPU Lounge is a key milestone in VCI Global's broader Physical AI strategy, supporting robotics, autonomous systems, and drone technologies [5][6] - By combining high-performance compute infrastructure with real-world applications, the company aims to extend AI deployment beyond cloud environments into industrial automation [6][7]

Core Insights - Dell Technologies (DELL) shares have decreased by 17.8% over the past three months, underperforming the broader Zacks Computer & Technology sector, which returned 3.2% [1][8] - The Computer - Micro Computers industry saw a 5% increase during the same period, with Dell's underperformance attributed to supply-chain constraints and competitive pressures in the PC and AI server markets [1][8] AI Server Demand - Dell Technologies is experiencing strong demand for AI servers, with $12.3 billion in orders booked in the third quarter of fiscal 2026, leading to a year-to-date total of $30 billion [4][8] - The company ended the fiscal third quarter with a record backlog of $18.4 billion in AI server orders, indicating sustained demand from a diverse customer base [5][8] Revenue Growth - The Infrastructure Solutions Group (ISG) revenue grew by 24% year over year to $14.10 billion in the third quarter of fiscal 2026, marking seven consecutive quarters of double-digit growth [6][8] - For the fourth quarter of fiscal 2026, revenues are projected to be between $31 billion and $32 billion, suggesting a 32% year-over-year growth [10] - Fiscal 2026 revenues are expected to range from $111.2 billion to $112.2 billion, indicating a 17% year-over-year growth [12] Earnings Outlook - Non-GAAP earnings for the fourth quarter are expected to be $3.50 per share, reflecting a 31% growth year over year [11] - For fiscal 2026, non-GAAP earnings are projected to be $9.92 per share, representing a 22% year-over-year increase [13] Valuation - Dell Technologies shares are considered undervalued, with a forward 12-month price-to-sales (P/S) ratio of 0.66X compared to the sector average of 7.41X, indicating a significant discount [14] Competitive Landscape - Despite its expanding portfolio, Dell faces stiff competition in the AI infrastructure market from companies like Hewlett-Packard (HPE), Cisco Systems (CSCO), and Super Micro Computer (SMCI) [16][20] - Competitors are also making significant advancements in AI infrastructure, which poses challenges for Dell [17][18][19]

Core Insights - NVIDIA and Hyundai Motor Group are enhancing their collaboration to innovate in autonomous vehicles, smart factories, and robotics through a new AI factory powered by NVIDIA Blackwell [2][3] - The partnership will focus on co-developing AI capabilities for mobility solutions and semiconductor advancements, aiming to strengthen Hyundai's future capabilities [3][4] Investment and Infrastructure - The collaboration includes a $3 billion investment to develop Korea's physical AI landscape, supporting the government's initiative to build a national AI cluster [4][8] - Key infrastructure developments will include the establishment of an NVIDIA AI Technology Center and Hyundai's Physical AI Application Center, along with regional data centers [5][8] AI Technology and Applications - Hyundai Motor Group plans to utilize 50,000 NVIDIA Blackwell GPUs for integrated AI model training, validation, and deployment [4][9] - The partnership will leverage NVIDIA's Omniverse and Cosmos platforms to create digital twins of car factories and regional driving environments, enhancing production and autonomous driving capabilities [10][13] Future Mobility Solutions - Advanced AI models will be developed for over-the-air updates and innovative in-vehicle features, transforming vehicles into intelligent agents [14][15] - The collaboration aims to create a unified ecosystem for in-vehicle AI, autonomous driving, and factory automation, setting a new standard in the automotive industry [17]

Core Insights - Applied Digital (APLD) and IREN Limited (IREN) are focusing on next-generation data center infrastructure for high-performance computing (HPC) and artificial intelligence (AI) workloads, addressing the growing demand for scalable computing solutions [1][2] - The global AI market is projected to reach $500 billion by 2027, driven by increased adoption across various sectors such as healthcare, finance, transportation, and manufacturing, which is favorable for both companies [1] Applied Digital (APLD) Highlights - APLD's HPC Hosting business is designed to support high-power density applications, with the Polaris Forge 1 facility set to scale up to 1 gigawatt (GW), with the first 100-MW facility operational by Q4 2025 [3] - APLD has secured a 15-year lease agreement with CoreWeave for 400 MW of critical IT load at Polaris Forge 1, with anticipated lease revenues of approximately $11 billion, indicating a strategic shift from cryptocurrency mining to AI-focused infrastructure [4] - The Zacks Consensus Estimate for APLD's fiscal 2026 revenues is $280.9 million, reflecting a growth of 30.4% from fiscal 2025 [5] - APLD's fiscal 2026 loss is estimated at 31 cents per share, an improvement from the previous estimate of 34 cents [11] IREN Limited Highlights - IREN is on track to achieve $1.25 billion in annualized revenues, with $200-$250 million expected from AI Cloud by December 2025, and plans to scale GPU installations significantly [6][7] - IREN has installed over 60,000 NVIDIA Blackwell GPUs and is transitioning from bitcoin mining to AI, with a new liquid-cooled data center planned [7] - IREN anticipates $500 million in AI Cloud annualized run-rate revenue by Q1 fiscal 2026 [7] - The Zacks Consensus Estimate for IREN's fiscal 2026 earnings is 70 cents per share, down 39.1% over the past 60 days [10] Stock Performance and Valuation - APLD shares have surged 49.7% in the past month, outperforming IREN's 33% gain, indicating stronger investor momentum for APLD [8][11] - Both APLD and IREN are considered overvalued, as indicated by a Value Score of F [14] Conclusion - APLD is expected to benefit from the CoreWeave partnership and the increasing demand for AI infrastructure, while IREN's growth is tempered by bitcoin price volatility and modest revenue growth prospects [15]

Core Insights - NVIDIA has announced a collaboration with Oracle to build the U.S. Department of Energy's (DOE) largest AI supercomputer, named Solstice, featuring 100,000 NVIDIA Blackwell GPUs, aimed at accelerating scientific discovery [1][11] - The Solstice and another system, Equinox, which will include 10,000 Blackwell GPUs, are expected to deliver a combined AI performance of 2,200 exaflops [2][11] - These supercomputers will be located at Argonne National Laboratory and will support the development of advanced AI models for scientific research [3][4] Group 1: Supercomputer Specifications - The Solstice system will utilize 100,000 NVIDIA Blackwell GPUs, while the Equinox system will feature 10,000 GPUs [2][11] - Both systems will be interconnected using NVIDIA networking technology [2] - The combined AI performance of the two systems is projected to reach 2,200 exaflops [2] Group 2: Research and Development Impact - The supercomputers will enable researchers to develop and train new AI models, enhancing productivity in scientific discovery [3][4] - They will facilitate collaborations among NVIDIA, Argonne, and the DOE to create agentic AI workflows [4] - The systems are designed to address pressing national challenges through scientific discovery [5] Group 3: Strategic Importance - This initiative reflects a commitment to securing U.S. leadership in AI and science, supported by public-private partnerships [4][5] - The collaboration is seen as a response to the need for innovative partnerships in the AI sector [5] - The systems will serve as a foundation for broader collaborations across science, energy, and national security [5]

Core Insights - NVIDIA is collaborating with the U.S. Department of Energy and leading companies to develop AI infrastructure aimed at scientific discovery and economic growth, marking a pivotal moment in the AI industrial revolution [2][3] - The company is accelerating the deployment of seven new AI systems at Argonne National Laboratory and Los Alamos National Laboratory to enhance scientific research capabilities [4][10] AI Infrastructure Development - NVIDIA is partnering with Oracle to create the largest AI supercomputer for the Department of Energy, named Solstice, which will utilize 100,000 NVIDIA Blackwell GPUs [5] - Another system, Equinox, will feature 10,000 NVIDIA Blackwell GPUs and is expected to be operational in 2026, with both systems delivering a combined performance of 2,200 exaflops [6] Advancements in Scientific Research - Argonne National Laboratory is introducing three new NVIDIA-based systems—Tara, Minerva, and Janus—to expand AI-driven computing access for researchers [7] - Los Alamos National Laboratory is integrating the NVIDIA Vera Rubin platform and Quantum-X800 InfiniBand networking for its next-generation systems, enhancing capabilities for complex simulations [8][9] AI Factory Research Center - NVIDIA is establishing an AI Factory Research Center in Virginia, which will focus on generative AI, scientific computing, and advanced manufacturing [12] - The center will serve as a foundation for the NVIDIA Omniverse DSX, a blueprint for large-scale AI infrastructure [13] Collaborations and Partnerships - Major U.S. companies, including Cisco, Dell Technologies, and HPE, are collaborating with NVIDIA to build secure and scalable AI infrastructure [15] - Engineering and construction firms like Bechtel and Jacobs are working with NVIDIA to integrate advanced digital twins into complex system designs [19] Industry Applications - Lilly is developing a powerful AI factory for drug discovery using NVIDIA technology, while Mayo Clinic is leveraging NVIDIA's infrastructure for healthcare applications [21][22] - Cloud providers and model builders are investing in AI infrastructure to ensure the U.S. remains a leader in AI advancements across various industries [18]

Core Insights - IREN Limited has announced multi-year agreements with major AI companies deploying NVIDIA's Blackwell GPUs, indicating strong demand for its services [1][2] - The AI Cloud division is projected to exceed $500 million in annual recurring revenue by 2026, supported by a fleet of 23,000 GPUs [2][5] - The company has secured commitments for approximately 11,000 GPUs, translating to about $225 million in annualized cloud revenue expected by the end of 2025 [2] Contract Details - The NVIDIA Blackwell GPUs are leased on two-year contracts, allowing IREN to recover its investment within that period [3] - IREN is actively hosting demonstrations and technical evaluations with potential clients beyond the initial GPU deployment [3] Infrastructure Expansion - IREN's facilities in British Columbia and the under-construction Horizon 1 and Horizon 2 in Texas will support over 100,000 GPUs upon completion [4] - The company has a secured energy portfolio of 2,910 megawatts, providing capacity for large-scale AI infrastructure growth [4][5] Market Position - IREN shares were down 3.36% at $55.81, close to its 52-week high of $58.28, reflecting significant volatility and investor interest [6][7] - With a market cap of $15.18 billion and a P/E ratio over 148, the company is positioned in the high-growth software segment, despite not offering dividends [7]

Core Insights - Super Micro Computer, Inc. (SMCI) collaborates with Lambda to enhance AI infrastructure through the deployment of GPU-optimized servers, including NVIDIA Blackwell systems, aimed at delivering high-performance solutions to customers [1][2][3] Group 1: Collaboration and Technology - The partnership between Supermicro and Lambda focuses on developing powerful technology to advance AI infrastructure, utilizing a range of GPU-optimized servers to meet demanding AI workloads [2][3] - Lambda has selected various Supermicro systems, including models powered by Intel's Xeon Scalable processors, to meet the increasing demand for high-performance servers [2][3] Group 2: AI Factory Development - Lambda aims to build gigawatt-scale AI factories for training and inference, leveraging Supermicro's extensive server portfolio to fulfill current and future computational needs [3] - The collaboration has led to the establishment of a large AI factory equipped with energy-efficient servers and advanced cooling technology, facilitating rapid deployment of next-generation AI accelerators [3][6] Group 3: Regional Impact and Infrastructure - Columbus is emerging as a significant hub for AI innovation, supported by Cologix's interconnection services and Supermicro's trusted systems, enhancing low-latency access and scalability for enterprises in the region [4] - The combined efforts of Supermicro, Lambda, and Cologix are driving rapid AI development across various industries, including healthcare, finance, and manufacturing, by providing a streamlined path to production-ready AI solutions [4]

Core Insights - IREN Limited has experienced a significant increase in its stock price, outperforming both the Zacks Finance sector and the Zacks Financial Miscellaneous Services industry [1][4] - The company is benefiting from a surge in bitcoin mining revenues and AI Cloud services, indicating strong growth potential [2][3][9] Bitcoin Mining Performance - Bitcoin mining revenues increased by 24% year over year, reaching $141.2 million in Q3 fiscal 2025, with the company mining 1,514 bitcoins compared to 1,347 in the previous quarter [2][9] - July revenues from bitcoin mining surged by 27.6% month over month to $83.6 million, with 728 bitcoins mined in July compared to 620 in June [2] AI Cloud Services Growth - AI Cloud revenues rose by 33% year over year to $3.6 million in Q3 fiscal 2025, supported by GPU expansion and new data centers [3][9] - The company is strategically pivoting towards higher-value services with the announcement of Horizon 1, a 50MW liquid-cooled data center designed for AI workloads [16] Infrastructure Expansion - IREN achieved a 326% year-over-year hashrate growth in Q3 fiscal 2025, reaching a target of 50 EH/s, which can generate approximately $830 million in annualized hardware profit [12] - A binding 600MW grid connection agreement for the Sweetwater 2 project increases the company's total secured power to 2.75GW, enhancing its competitive position [13][14] Earnings Estimates - The Zacks Consensus Estimate for Q4 fiscal 2025 earnings is 17 cents per share, with revenues expected to be $193.8 million [20] - For fiscal 2025, the earnings estimate is 14 cents per share, with revenues projected to increase by 173.3% from fiscal 2024 [21] Valuation Concerns - IREN shares are considered overvalued, with a forward Price/Cash Flow ratio of 70.42X compared to the industry's 21.64X, indicating a premium valuation [22] - Despite strong growth prospects, modest earnings growth and stretched valuation present risks for investors [25]