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Dell Sees Surge in AI Server Sales, Boosts Outlook

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Dell Technologies Inc. shares jumped in extended trading after the company boosted its annual sales forecast by $25 billion due to surging demand for servers to run artificial intelligence tasks. Michael Monaghan, partner and portfolio manager for Founder Etfs, says Dell dominates the supply chain and keeps innovating. He joins "Bloomberg The Close."

Dell Technologies Inc. shares jumped in extended trading after the company boosted its annual sales forecast by $25 billion due to surging demand for servers to run artificial intelligence tasks. Michael Monaghan, partner and portfolio manager for Founder Etfs, says Dell dominates the supply chain and keeps innovating. He joins "Bloomberg The Close." (Source: Bloomberg)
Dell Sees Surge (ORG) Dell Technologies Inc. (ORG) Michael Monaghan (PERSON) Etfs (PERSON) Dell (ORG)
Originally published by Bloomberg Technology Read original →