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Top related persons:
Dell - 2 Jeff Clarke - 2 Dell's - 1 Elon Musk's - 1 Michael Dell - 1 Jensen Huang - 1
Top related locs:
Dell's ISG Texas Las Vegas , Nevada Asia Dell's
Top related orgs:
Nvidia - 2 Dell's Infrastructure Solutions Group - 1 Analysts - 1 CSG - 1 Elon - 1 Dell Inc - 1 Dell Technologies - 1 Dell - 1

Search resuls for: "Dell's ISG"


2 mentions found


☆ Dell's AI business is booming, but shares plunged after it cut its revenue outlook
  + stars: | 2024-11-27 | by ( Polly Thompson | ) www.businessinsider.com   time to read: +2 min
Revenues jumped 34% in Dell's ISG division, which includes the company's AI operations. But a lower-than-expected fourth quarter outlook drove Dell's shares down 12% in premarket trading. The biggest success story came from Dell's Infrastructure Solutions Group, which includes sales of AI servers, storage, and other network capabilities. Despite Dell's strong positioning in AI-related technologies, the company's shares were down as much as 12% in premarket trading after its final quarter revenue outlook fell below Wall Street expectations. Dell shipped $2.9 billion in AI servers during the quarter, and the company said that customers had booked $3.6 billion of future AI server orders.
Persons: Dell, Dell's, Jeff Clarke, Elon Musk's Organizations: Dell's Infrastructure Solutions Group, Analysts, CSG, Nvidia, Elon Locations: Dell's ISG, Texas
☆ Dell shares fall on light forecast despite growing AI sales
  + stars: | 2024-11-26 | by ( Kif Leswing | ) www.cnbc.com   time to read: +3 min
Dell Technologies forecast fourth-quarter revenue and earnings below Wall Street expectations on Tuesday, despite bullish commentary from the company on AI sales growth. It said it expected $2.50 in adjusted earnings per share, versus expectations of $2.65 per share. Dell's AI server sales are reported in the company's Infrastructure Solutions Group (ISG), which includes AI servers, storage, networking components, and traditional servers. The strongest part of Dell's ISG business was its Servers and Networking subsidiary, which includes AI systems. The overall ISG unit is more profitable, thanks to sales of pricier AI systems.
Persons: Michael Dell, Dell, Jensen Huang, Jeff Clarke Organizations: Dell Inc, Dell Technologies, Dell, Nvidia, Blackwell, Solutions, Networking, Intel, AMD Locations: Las Vegas , Nevada, Asia, Dell's
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