Dell share price jumps 16% on mention of AI server backlog

The Register
Mar 1, 2024, 11:39 am151 pts
Not bad considering exec had said '2024 didn't go as planned' due to declining overall sales The mesmeric power that AI holds over Wall Street was in evidence again last night as Dell homed in on the huge backlog of orders for "AI-optimized" servers rather than fiscal 2024's overall declining sales, and the…

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