Dell Technologies Inc. Cl C closed 39.99% below its 52-week high of $179.70, which the company reached on May 29th.
Dell Chief Operating Officer Jeff Clarke (pictured) said on a call with analysts that the company had sold about $10 billion worth of AI-optimized servers in fiscal 2025, and expects that number to increase to $15 billion in the current year. So far, it has already accumulated more than $4.1 billion in AI server orders that are yet to be fulfilled.
Dell reported fiscal fourth-quarter earnings that exceeded analysts’ expectations, as the PC and server maker benefitted from growing demand for artificial intelligence infrastructure.
Edge computing is transforming industries by enabling businesses to process data closer to its source, improving efficiency, speed and reliability. However, managing edge environments comes with its own set of challenges — complexity,