Dell Stock Surges on AI-Driven Growth Optimism
9
2
BTCCSquare news:
Dell Technologies shares jumped 9% to $165 after analysts raised price targets, fueled by upgraded long-term forecasts tied to AI infrastructure demand. The company now projects 7-9% annual revenue growth through 2030, with AI-related business generating $20 billion over two years.
Bank of America, Citi, and other major institutions boosted targets following Dell's $4.5 billion note offering, signaling confidence in its AI server positioning. The MOVE reflects broader tech sector momentum as enterprises accelerate AI adoption.
By:
