LAS VEGAS – Dell Technologies (NYSE: NYSE: ) announced the launch of Dell Artificial Intelligence Factory, an initiative designed to provide organizations with a comprehensive portfolio of artificial intelligence solutions. Designed to support customers from the desktop to the data center to the cloud, AI Factory provides a broad range of infrastructure, solutions and services to facilitate the large-scale adoption and deployment of AI technologies.
Dell AI Factory is built on a broad range of client devices, servers, storage, data protection and networking products. As part of its expansion, Dell launched new AI PCs powered by Snapdragon X Elite and Snapdragon X Plus processors, featuring Microsoft’s (NASDAQ: ) AI experience. These devices are designed to increase productivity and creativity among professionals and consumers alike.
In addition to hardware, Dell has also made great strides in data management and protection to support artificial intelligence innovation. Dell PowerScale F910 all-flash file storage significantly improves performance and is designed to accelerate AI insights. Dell also launched Project Lightning, a new parallel file system software architecture that will be integrated into PowerScale to speed up training time for complex artificial intelligence workflows.
The Dell PowerSwitch Z9864F-ON further expands the networking portfolio by leveraging the Broadcom (NASDAQ: ) Tomahawk 5 chipset to double network performance for AI applications. This is complemented by the PowerEdge XE9680’s support for Broadcom 400G PCIe Gen 5.0 Ethernet adapters, enhancing performance, scalability and efficiency.
Dell’s collaboration with ecosystem partners such as Hugging Face and Meta (NASDAQ: ) facilitates the deployment of artificial intelligence applications. Dell Enterprise Center on Hugging Face enables organizations to train and deploy large language models locally, while the partnership with Meta simplifies deployment of Meta Llama 3 models.
To further support customers on their AI journey, Dell has expanded its AI professional services portfolio to provide implementation services for Microsoft Copilot solutions and accelerator services for the Dell Enterprise Center on Hugging Face.
Progress has also been made on Dell’s Artificial Intelligence Factory, which announced a partnership with NVIDIA (NASDAQ: ) in March to accelerate the adoption of artificial intelligence through integrated solutions and services.
The XPS 13 and Inspiron 14 Plus are available for pre-order now, while other products such as the Dell PowerScale F910 and the Dell Enterprise Hub on Hugging Face will be available globally from May 21, 2024.
This news is based on a press release from Dell Technologies.
Investment Professional Insights
As Dell Technologies (NYSE: DELL) continues to advance its plans for artificial intelligence factories, the company’s financials and market performance provide context for understanding its ability to invest in and expand such technology ventures. Dell’s commitment to artificial intelligence innovation is reflected not only in its product launches, but also in its financial metrics and market valuation.
With a market capitalization of $103.98 billion, Dell is an important entity in the technology industry. Its price-to-earnings ratio (P/E), which measures the company’s current share price relative to its earnings per share, is 33.33, which adjusts to 27.73 when considering the trailing twelve months to Q4 2024.
Given Dell’s growth prospects, this P/E ratio suggests that the company is trading at a low price relative to its recent earnings growth. Investment Expert Tips Highlighting its potential appeal to value-focused investors.
The company’s recent performance also showed significant returns compared to last week, with a total share price return of 14.13%, in line with last week’s return. Investment Expert Tips It shows a return rate of 219.74% last year. Dell’s strong short-term performance, including a 30.67% return last month and an 82.03% return over the past three months, underscores its strong market momentum.
For investors and analysts who follow growth metrics closely, Dell’s revenue for the trailing 12 months ended in the fourth quarter of 2024 was $88.42 billion, with gross margins of 23.7%. While these numbers reflect the company’s size, the 13.56% revenue decline during the same period suggests challenging market conditions or a shift in strategy that may be worth monitoring.
For those interested in a more in-depth analysis, there is additional content Investment Professional Tips Information about Dell, including insights into its shareholder earnings, industry positioning and liquidity issues. To access these tips and more detailed indicators, visit InvestingPro.Use coupon code PRONEWS24 An additional 10% off annual or bi-annual Pro and Pro+ subscriptions, which include a total of 14 investment expert tip Provide information for your investment decisions.
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