DELL EARNINGS SEND BLUNT MICRON MESSAGE
https://media.zenfs.com/en/thestreet_881/011e216c64e2eadff615af828076416b
✍️ Dell Technologies' strong server demand for artificial intelligence (AI) fuels sales and drives orders higher, benefiting the company and memory suppliers like Micron.
👉 Dell Technologies' server demand for AI surged in the third quarter, driving sales and orders higher. 👉 Morgan Stanley predicts a 50% increase in AI server shipments in fiscal 2027. 👉 The demand for high-bandwidth memory is skyrocketing, leading to a potential price super cycle. 👉 Micron is increasing its capital expenditures to meet the demand for memory products. 👉 The growing memory market is expected to benefit Micron and other memory suppliers.
-- #JeffreyClarke #DavidKennedy #ErikWoodring #SanjayMehrotra #JoeMoore #technology
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