Dell Escapes Nvidia’s Shadow as Its Own AI Tailwinds Accelerate
- AI boost to servers and PCs fuels a 127% advance this year
- Inclusion in the S&P 500 could act as another catalyst
Dell Technologies headquarters in Round Rock, Texas.
Photographer: Sergio Flores/BloombergThis article is for subscribers only.
Dell Technologies Inc. shares have been acting like market-leader Nvidia Corp. of late, and investors are betting the company will see a similar boost from artificial intelligence.
The maker of personal computers and servers has emerged as one of the biggest winners of the AI boom, and this narrative is likely to be reinforced when it reports its first-quarter results after the close. Confirmation of improving growth prospects could continue to support a stock that’s at a record high while trading at a discount to other tech favorites.