26.11.2024 13:15:00
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Is Dell the Next Big-Time Artificial Intelligence (AI) Stock?
Dell Technologies (NYSE: DELL) may not seem like the most exciting stock in the world. Many investors probably know Dell from a laptop they own or use at work, and it may seem like the furthest thing from an exciting artificial intelligence (AI) stock.However, Dell also has a division within its company that builds data center servers, which have seen a massive boost in demand as the AI arms race continues. With another competitor potentially struggling in this realm, does it open the door for Dell to take a significant lead in this space?One of the biggest names in the server infrastructure space is Super Micro Computer (NASDAQ: SMCI), which has had some problems. On the company side, it has been accused of accounting issues, which triggered a Department of Justice probe and caused its auditor to resign after raising concerns. The company has hired a new auditor, but the damage to the stock has already been done, and investors who wanted to invest in the infrastructure side of AI may have already committed to investing in Dell. Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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