Dell’s stock falls on weak guidance, as more customers hold off for next-gen AI servers
The company is forecasting lower server sales, and blamed the shortfall on enterprise customers that are waiting to snap up new systems powered by Nvidia Corp.’s next-generation Blackwell graphics processing unit chips and therefore shifting to later orders, some of which won’t be reflected in the current quarter.
The company is a leading provider of AI servers, so the results should offer a useful update about the state of demand.
Applied Materials forecast first-quarter revenue below Wall Street estimates on Thursday, a sign of sluggish demand for the ...
Dell's new AI server products and partnerships with Nvidia, AMD, and Intel position it well for future growth. Find out why ...
Profitability took a hit as well, as HP reported net earnings of $906 million for the quarter, down from $974 million one ...
On Thursday, Baidu, Inc (NASDAQ: BIDU) reported fiscal third-quarter revenue of $4.78 billion, down 3% year-on-year, topping ...
Investing.com-- Analysts at Mizuho cut their price target on Dell Technologies (NYSE: DELL) following weak earnings and guidance from the PC maker, but noted that Dell remains wel ...
Dell beat expectations in its infrastructure solutions group, which includes servers, but came up short in client solutions, which includes PCs ...
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