DELL TECHNOLOGIES -C

15 Aug

Mobile Networks Market Sees ‘Glimmer of Hope’ After Long Decline

stp2y0 CommentsRAG models5G Network, Asia, china, cities, DELL TECHNOLOGIES -C, ERICSSON LM-B SHS, india, NOKIA OYJ, North America, Radio, Technology

The years-long decline in demand for radio access networks that has battered sales at mobile equipment makers Ericsson AB and Nokia Oyj is showing signs of stabilization, according to a report from Dell’Oro Group Inc.Three of the six regions tracked by Dell’Oro showed signs of growth in the second quarter, compared to one region in the prior period, said the Redwood City, California-based telecom research company, whose reports are widely watched by the industry. Source link lol

15 Aug

Lenovo’s Profit Beats as AI Demand Drives a Gradual PC Recovery

stp2y0 CommentsRAG modelsALPHABET INC-CL A, AMAZON.COM INC, artificial intelligence, BAIDU INC - SPON ADR, DELL TECHNOLOGIES -C, europe, hardware, HP INC, LENOVO GROUP LTD, Technology, Yuanqing Yang

Lenovo Group Ltd. reported better-than-expected quarterly profit, affirming hopes for a gradual computing industry recovery driven by global AI spending.Net income grew 38% to $243 million in the three months ended June, Lenovo said in a filing on Thursday. That compares with an average estimate for $231 million. Revenue rose 20% to $15.4 billion. Source link lol

14 Aug

Receding AI Stock Euphoria Has Bulls Seeing Some Opportunities

stp2y0 CommentsRAG modelsARM HOLDINGS PLC-ADR, artificial intelligence, DELL TECHNOLOGIES -C, Earnings, hardware, infrastructure, Investment Management, NVIDIA CORP, stocks, SUPER MICRO COMPUTER INC, Technology

Skeptics had long warned that artificial intelligence-related stocks were in a bubble. Now that some of the froth has come off, bulls see an opportunity.Shares in makers of AI hardware and infrastructure — including Dell Technologies Inc., Super Micro Computer Inc., ARM Holdings Plc. and Nvidia Corp. — have come under huge selling pressure in recent months, bringing their valuations back down to earth. And with most of their big customers planning to continue spending billions of dollars on AI, some say that it’s time to selectively get back in. Source link lol

07 Aug

Super Micro’s Weak Profit Fuels AI Server Margin Anxieties

stp2y0 CommentsRAG modelsartificial intelligence, DELL TECHNOLOGIES -C, Executives, HEWLETT PACKARD ENTERPRISE, Ho Jin, San Jose, software, SUPER MICRO COMPUTER INC, taiwan, Technology, Wall Street

Super Micro Computer Inc. fell more than 10% in extended trading after reporting quarterly revenue and profit that missed analysts’ estimates, outweighing an annual sales outlook that was billions above Wall Street projections.Profit, excluding some items, was $6.25 a share in the period ended June 30, the company said Tuesday in a statementBloomberg Terminal. That’s short of Super Micro’s previous forecast and the $8.25 average analyst estimate. Sales were $5.31 billion, compared with an average projection of $5.32 billion, according to data compiled by Bloomberg. Source link lol

06 Aug

Amazon, Microsoft Keep Data Center Spending Spree Going

stp2y0 CommentsRAG modelsALPHABET INC-CL A, AMAZON.COM INC, artificial intelligence, business, Capital Expenditures, cloud computing, DELL TECHNOLOGIES -C, Earnings, fully-charged, META PLATFORMS INC-CLASS A, MICROSOFT CORP, Real Estate, Technology

Major technology companies are spending billions of dollars in capital expenditure and most of it is going for the same thing. But first... Source link lol