Dell announced its AI Factory will utilize Nvidia technology, while Macquarie partnered with Dell to deliver AI infrastructure in Australia. BofA also raised Dell's price target.
1 report, 1 independent
Updated Aug 16
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What happened
Dell announced its AI Factory will utilize Nvidia technology, while Macquarie partnered with Dell to deliver AI infrastructure in Australia. BofA also raised Dell's price target.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Dell Technologies partnered with Lowe's to transform customer and associate experiences by utilizing Dell's AI Factory with Nvidia technology, potentially benefiting from Trump-era tariffs.Sub-event
Dell secures AI infrastructure partnerships with Macquarie and benefits from BofA market confidence.1 source
Keep exploring
Part of
Dell's success reflects the AI infrastructure story.Also in this story
- Dell is adapting its offerings to meet the demands of AI and current economic conditions.
- Dell Technologies booked $24 billion in AI orders in one quarter.
- Dell Technologies utilizes the North America partner channel to drive sales growth.
The entities involved
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Dell
American multinational computer technology corporation
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Bank of America
American multinational banking and financial services corporation
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Macquarie Data Centres
Data centre operator in Australia
Nothing else this week.
Related events
- Dell is entering the AI infrastructure supercycle.
- Dell and Super Micro Computer, Inc. are expanding AI infrastructure partnerships and differentiating from vertically integrated rivals.
- Nvidia, Hugging Face, OpenAI, CoreWeave, Dell, and Lenovo are leveraging acquisitions, investments, and co-launches to strengthen the AI ecosystem and drive future growth.
- Nvidia is supplying GPUs for data centers while BlackRock, Goldman Sachs, and Bank of America participate in AI financing initiatives.
- Major U.S. tech giants, including Microsoft, Meta, Adobe, Google, and Dell, are heavily investing in and benefiting from the AI boom.
Coverage
Newest first; wire copies grouped- Insider MonkeyBank of America Raises Dell (DELL) Target, Eyes AI-Driven Growth Potential Dell Technologies Inc. (NYSE:DELL) is one of the most undervalued cybersecurity stocks to buy now. On July 18, Bank of Ameri