The U.S. Department of Defense awarded Dell a $9.7 billion contract over five years to supply Microsoft 365 software, advanced cloud subscriptions, and licensing for military use. This deal aims to streamline and consolidate software licensing across the Pentagon and related agencies, potentially saving $422 million annually by reducing redundancies. Dell won the contract through a competitive process and will provide a unified platform for acquiring Microsoft licenses, supporting the Pentagon's push for a clean audit and efficient IT management. The contract highlights Dell's ongoing partnership with Microsoft and its significant role in government technology procurement.
US imports of AI-related hardware like computers and semiconductors surged to an annualized $1.04 trillion in September 2026, reflecting rapid data center expansion. NVIDIA leads this growth with record revenues and strong demand, but its stock fell ...
AI server stocks Super Micro Computer, Dell Technologies, and Hewlett Packard Enterprise rose between 2% to 6% following a sharp sell-off after the U.S. midterm elections. The rebound comes despite concerns over political risks to data center constru...
Dell Technologies, Credo, and Broadcom have reported strong growth in AI-related revenues and earnings, with each stock positioned near key price targets reflecting potential gains of 20-40%. Dell holds a $95 billion AI server backlog, Credo is expan...
Shares of AI server makers Dell, Hewlett Packard Enterprise, and Super Micro fell 10-12% following the U.S. midterm elections, as investors reacted to Democrats gaining control of Congress and a Texas governor's pledge to halt data center constructio...
Super Micro reported a strong Q1 FY2027 with revenue and earnings surpassing expectations, but its stock fell 4% due to worries over shrinking profit margins and heavy reliance on one large AI data center customer. The company raised its full-year re...
