Dell beats first-quarter revenue estimates as AI boom bolster server demand

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Explore stories from Atlantic Canada.

- Dell Technologies beat Wall Street estimates for first-quarter revenue on Thursday, ending a streak of six-quarters of decline, helped by growing demand for its AI-powered servers.

Spending on AI servers is expected to surpass $33 billion in 2024, according to research firm International Data Corporation. Peer HP Inc beat estimates for second-quarter revenue on Wednesday, signaling a recovery in the PC market.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines