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Dell AI business has 'significant' growth prospects: Dell Technologies President of ISG
· 31.05.2024 · 23:39:17 ··· Freitag ⭐ 14 🎬 764
📺 Yahoo Finance
Shares of Dell (DELL) are still falling Friday, despite the company surpassing expectations on both the top and bottom line in their first quarter results. Dell Technologies President of the Infrastructure Solutions Group Arthur Lewis, joins Market Domination to discuss the margin pressure weighing on the stock.
Lewis highlights the "significant momentum" in their AI infrastructure business, noting that the company is on a continued growth trajectory, with anticipated growth in their server business for multiple quarters to come.
Regarding the weak guidance outlook, Lewis explains, "While we have a significant backlog, a lot of demand is project-based and is also based on... suppliers' ability to deliver." He further adds, "It's really non-linear demand that might be a little difficult to forecast."
#youtube #AI #news
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· 31.05.2024 · 23:39:17 ··· Freitag
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