The analysts comment “We see a positive setup for Dell heading into C25 given 1) AI server demand, 2) storage demand driven by an expected IBM (NYSE:IBM) mainframe refresh, and 3) demand from an expected PC refresh. Dell Technologies (NYSE:DELL) World 2024 took place May 20th-23rd where Dell introduced Dell AI Factory and expanded its AI portfolio with 5 new AI-PCs, all-flash file storage, network architecture in addition to AI services offerings. We see these new products supporting Dell’s growth in C25. Reiterate Buy on upside driven by AI servers, PC refresh, and strong capital return with potential S&P inclusion as an additional catalyst.”
Source: Cryptocurrency - investing.com
