From Nasdaq: 2024-05-15 10:42:00

Dell Technologies introduces new PowerEdge R670 and R770 CSP Edition servers, offering enhanced performance and efficiency. With features like Smart Cooling technology, these servers cater to various organizations, from large cloud service providers to small businesses. Powered by Intel Xeon 6 Efficient core processor, they promise up to 2.3 times greater performance per rack.

Expanding its portfolio, Dell Technologies collaborates with Intel to standardize servers and enhance interoperability, catering to evolving customer demands. The company launches Data Centre-Modular Hardware System (DC-MHS) and introduces compact yet powerful servers like Dell PowerEdge T160 and R260 for smaller businesses. Strong demand for AI servers and partnerships with companies like NVIDIA and Nokia drive growth.

Dell Technologies’ shares surge 75.3% year-to-date, backed by continuous innovation and partnerships. The company expands collaboration with NVIDIA and Nokia, offering AI solutions and infrastructure upgrades. Expecting revenue growth in first-quarter fiscal 2025, Dell aims to meet the increasing demand for generative AI applications. Strong earnings and an expanding customer base position Dell as a key player in the semiconductor industry.

Global semiconductor market projected to reach $803 billion by 2028, creating immense opportunity for industry players. Dell Technologies, with its strong growth outlook and AI-focused solutions, is well-positioned to capitalize on this market expansion. With partnerships like NVIDIA and Nokia and innovative products like PowerEdge XE9680 AI-optimized server, Dell is set for further growth in the sector.



Read more at Nasdaq: Dell Technologies (DELL) Aids Server Portfolio With New Launch