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Dell Technologies, Inc. is a holding company, which engages in the provision of information technology hardware, software, and service solutions through its subsidiaries. It operates through the following segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware. The ISG segment includes servers, networking, and storage, as well as services and third-party software and peripherals that are closely tied to the sale of ISG hardware. The CSG segment consists of sales to commercial and consumer customers of desktops, thin client products, and notebooks. The VMware segment provides compute, cloud management, networking and security, storage and availability, and other end-user computing offerings. The company was founded by Michael Saul Dell in 1984 and is headquartered in Round Rock, TX.
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The PC maker floated an optimistic outlook for its AI-related business, adding to the enthusiasm from the sound earnings beat.
Laptop giant Dell sat astride its motorcycle and brushed aside wider concerns hitting the tech industry with a wave of a frilly cuffed arm, easily beating its Q1 on both ends after a sales boost from remote working.
Dell’s fourth quarter continued to feel the pinch of the chip shortage, sending the stock tumbling on Friday.
A Bernstein analyst says Dell is ready to excel, and investors fell under the spell.
Dell isn’t one to dwell on a supply chain crisis, and its latest earnings prove it.
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