Evercore ISI has identified Tesla as Dell's new major AI customer, leading to a significant increase in Dell's stock target. Analysts at the investment firm raised Dell's price target to $165 from $140, reiterating Dell as an Outperform-rated stock. They cited that Dell has secured a substantial portion of Tesla’s AI server buildout business. This new business is expected to be incremental to Dell's existing $2.9 billion AI backlog. Additionally, Tesla is ramping up its AI initiatives with $3 billion in orders from Dell and potentially $10 billion from Oracle.
Hmm…🤔…. $DELL deepens AI push with new PCs, $NVDA-powered servers https://t.co/aqZXwgU0gP https://t.co/oP9McXImmk
Dell deepens AI push with new PCs, Nvidia-powered servers https://t.co/dNTiaSG6iM
Dell expands AI-focused hardware line and tightens Nvidia alliance https://t.co/cvRtrXqw7o
⚠️ DELL DEEPENS AI PUSH WITH NEW PCS, NVIDIA-POWERED SERVERS Full Story → https://t.co/DCYQiWczqz https://t.co/5JLJHYBBTc
DELL TECHNOLOGIES EXPANDS DELL AI FACTORY WITH NVIDIA TO TURBOCHARGE AI ADOPTION
Dell Technologies building AI Factory with Nvidia, growing AI efforts with Hugging Face, Meta and Microsoft https://t.co/mLozZvI0oQ https://t.co/YODTUjkagG
$TSLA MASSIVE AI Expansion: $3B Dell and $10B Oracle Orders! w/ @TeslaLarry • Tesla is ramping up its AI game with $3B in orders from Dell and potentially $10B from Oracle. • Evercore predicts Dell will benefit big from Tesla's AI server buildout, upping Dell's stock target… https://t.co/f9B3WqY50u
NEWS: Dell’s stock target upgraded by Evercore ISI to $165 on news of securing major AI business from $TSLA • Evercore ISI raised Dell’s price target to $165 from $140. • Dell has secured a significant portion of Tesla’s AI server buildout business. • Tesla plans to… https://t.co/67dfqltxkS
NEWS: Evercore ISI says $TSLA is Dell's new big AI customer, raises stock target Analysts at investment firm Evercore ISI raised their price target for Outperform-rated Dell (NYSE:DELL) to $165 from $140 in a note Thursday, stating that they believe the company has won a large… https://t.co/hLvleMbOSo
Evercore ISI says Tesla is Dell’s new big AI customer! https://t.co/Y4V9Kq1DRf $DELL $TSLA #Tesla #AI https://t.co/0miU3FSTLl
Dell's Surge: Profiting from AI Server Demand #AI #AIservers #artificialintelligence #Dell #Electronics #llm #machinelearning #MorganStanley #Nvidia https://t.co/VMStND9MWE https://t.co/cluehWPVxA
$DELL Evercore ISI reiterates Dell as outperform Evercore raised its price target on the stock to $165 per share from $140 and said it thinks Dell has won some business for Tesla’s AI server build. “Our understanding is that DELL has won a large portion of business for Tesla’s AI…
**Take note of this call out of Evercore on $DELL and $SMCI quite interesting - ** "Our understanding is that DELL has won a large portion of business for Tesla’s AI server buildout which would be INCREMENTAL to their current ~$2.9B AI backlog (shipped ~$800M in AI server…
Evercore ISI says Tesla $TSLA is Dell's new big AI customer, raises stock target https://t.co/bSwOXzY0Bk https://t.co/ibuv42FAXV
"Evercore ISI says Tesla is Dell's new big AI customer, raises stock target" $DELL https://t.co/VILQqAFm6Y