Also Read: OpenAI goes for Microsoft’s pie with enterprise offering The improved outlook comes as the company benefited from the artificial intelligence (AI) boom and stabilizing demand for computer hardware and server products. The company is expected to see a demand boost for its PowerEdge servers and generative AI designs with Nvidia from rising investments in AI by Big Tech companies.

“AI is already showing it's a long-term tailwind, with continued demand growth across our portfolio," Chief Operating Officer Jeff Clarke said. (With inputs from Reuters)

. Read more on livemint.com

All news from livemint.com

About this in other media

4 big analyst cuts: Dell's AI not enough to fight off macro troubles, per Barclays investing.com /1 year ago

IMD predicts heavy rainfall in THESE states till September 9. Check full weather forecast here livemint.com /1 year ago

Dell, Lululemon Athletica rise; Walgreens Boots Alliance, Olin fall, Friday, 9/1/2023 abcnews.go.com /1 year ago

The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

New Zealand economy to remain sluggish for 2 years, although doing better than feared, figures show

On the brink of joining NATO, Sweden seeks to boost its defense spending by 28%

India clamps down on Chinese steel, enacts 5-year anti-dumping duty as import rises 62%

Karnataka poised towards attracting global technology firms: state IT minister Priyank Kharge

Stock Radar: 5-year breakout on weekly charts opens room for this coal player to breach 300-mark; time to buy?

Mexico's election year deficit plan fuels fear over finances

US sets record for billion-dollar weather disasters in a year -- and there's still 4 months to go

France, Bangladesh sign deal to provide loans, satellite technology during Macron's visit to Dhaka

Father dead, 9-year-old son missing after their jet ski collides with barge on a Tennessee lake

Biggest Crypto Gainers Today on DEXTools – EMOTI, YAMA, BOOST

Oracle Q1 results top estimates amid AI-fueled cloud demand

Fed is done raising interest rates, economists say

Vedanta Resources seeks to extend maturity of shorter-term bonds by 3 years

Hyatt eyes 50 hotels by year end, 100 in next five years

KKR to invest ₹2,069 cr in Reliance Retail, raise stake to 1.42%

Can reporting foreign stocks as per calendar year create discrepancy while claiming TCS, TDS return?

Sachin Pilot praises CM Gehlot-led Rajasthan govt, says ‘better than BJP-ruled UP, MP'

RBI approves re-appointment of ICICI Bank's MD Sandeep Bakhshi for three years

Today in Crypto: Bitcoin User Pays $500,000 Fee to Transfer $200, Animoca Brands Raises $20 Million for Mocaverse Project, Unstoppable Domains Adds B2U Instant Messaging Feature

Dell Technologies Q2 revenue beats estimates; raises full-year forecasts on AI boost

Related News