Dell Stock in Focus on News Company Will Provide Server Racks to xAI Supercomputer
Dell Technologies(DELL) Investopedia·2024-06-20 20:20
Key TakeawaysDell shares, which have gained 10% over the past two trading sessions, remain in focus on Thursday after Elon Musk said that xAI will use the hardware giant's server racks to build its supercomputer.Dell CEO Michael Dell said in a separate post on Wednesday that the company has partnered with AI chipmaker Nvidia to build an AI factory to power xAI's chatbot Grok.Monitor how the Dell share price responds to its all-time high set last month at $179.70, with a volume-backed breakout potentially le ...