US Stock Market Move | Dell Technologies, Inc. Class C (DELL.US) rose more than 9% on strong demand for AI servers.
On Wednesday, Dell Technologies (DELL.US) rose over 9%, closing at $443.62.
On Wednesday, Dell Technologies, Inc. Class C technology (DELL.US) rose more than 9% to $443.62. On the news front, Super Micro Computer, Inc. released preliminary fourth-quarter results, showing a significantly higher gross margin rate than expected, confirming the strong demand for AI computing power. The institution Wedbush released a report stating that there is a shortage of AI hardware, allowing server manufacturers to have pricing power, with Dell Technologies, Inc. Class C as a major server manufacturer set to benefit.
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