Posted 3/1/2024, 1:26:00 AM
Dell Rides AI/ML Server Demand to Gains Against Rivals HPE and Super Micro
- Dell reported strong AI/ML server demand and shipments in latest quarterly results; sees low single-digit revenue growth by 2025
- Dell gaining share in server market amid increasing enterprise AI/ML adoption
- Super Micro is a key rival in AI/ML servers, though Dell claims its engineering and liquid cooling advances give it an edge
- HPE networking business declines weighed on its latest results, though has $3B+ backlog of AI/ML server orders
- Dell's upbeat AI/ML outlook overshadowed HPE's results; investors should watch as Dell cements itself as an AI player