Dell Technologies Inc. - DELL STOCK NEWS

Dell Technologies (NYSE: DELL) has declared a quarterly cash dividend of $0.445 per common share. The dividend will be paid on January 31 to shareholders of record as of January 22. The company previously increased its annual cash dividend by 20% to $1.78 per common share following board approval in February of this year.

Dell Technologies reported strong Q3 fiscal 2025 results with revenue of $24.4 billion, up 10% year over year. The Infrastructure Solutions Group (ISG) achieved record revenue of $11.4 billion, up 34%, driven by a 58% increase in servers and networking revenue to $7.4 billion. Client Solutions Group (CSG) revenue slightly declined 1% to $12.1 billion. Operating income increased 12% to $1.7 billion, with diluted EPS of $1.58 up 16%. AI server orders reached $3.6 billion with pipeline growth exceeding 50%. Cash flow from operations was $1.6 billion, with quarter-end cash and investments of $6.6 billion.

Dell Technologies (NYSE: DELL) has announced that Arthur Lewis, president of Infrastructure Solutions Group, will participate in a fireside chat at the UBS Global Technology and AI Conference in Scottsdale, Arizona. The presentation is scheduled for Tuesday, December 3, 2024, at 2:15 p.m. MT / 4:15 p.m. ET.

Investors and interested parties can access both the live webcast and replay of the conference presentation through Dell Technologies' Investor Relations page at investors.delltechnologies.com.

Dell Technologies announces significant AI innovations and cybersecurity enhancements for Microsoft customers. The company introduces Dell APEX File Storage for Microsoft Azure with a new Dell-managed option, designed to deliver superior AI workload performance and simplified management. The expansion includes new services to accelerate AI adoption, including Accelerator Services for Copilot+ PCs and implementation services for Microsoft Azure AI. Dell also unveils APEX Protection Services for Microsoft Azure, offering AI-powered data protection and cyber resilience with up to 80% faster recovery times using CyberSense threat intelligence.

Dell Technologies has announced significant advancements to its AI Factory with new infrastructure and solutions. The company introduced new PowerEdge XE servers, including the XE9685L with liquid cooling and XE7740 with air cooling, supporting various GPU configurations. Dell plans to support the NVIDIA GB200 Grace Blackwell NVL4 Superchip with a new server design supporting up to 144 GPUs per rack. The company also enhanced its Data Lakehouse with Apache Spark integration for improved data processing and analytics. New professional services focus on sustainable data centers, data management, and AI networking optimization.

Dell Technologies (NYSE: DELL) has announced it will host a conference call on Tuesday, November 26, 2024, at 3:30 p.m. CST to discuss its fiscal 2025 third quarter financial results. The company will release its financial results and accompanying statements before the call, which will be accessible to the public as a live, audio-only webcast on Dell's investor relations website. Additional materials, including prepared remarks and a presentation containing financial information, will be available for download from the same platform prior to the financial guidance discussion.

Dell Technologies introduces new innovations to its Dell AI Factory, aimed at powering high-density computing and AI workloads at scale. Key announcements include:

1. Dell Integrated Rack 7000 (IR7000): A 21-inch rack designed for high-density compute, liquid cooling, and scalable power management.

2. Dell PowerEdge XE9712: An NVIDIA GB200 NVL72-based platform for large AI GPU clusters.

3. Dell PowerEdge M7725: A direct-to-chip liquid cooled system based on 5th Gen AMD EPYC processors.

4. Dell PowerScale enhancements: Improved capacity, AI workload performance, and data discoverability.

5. Dell Generative AI Solutions with Intel: Jointly engineered platforms for various GenAI use cases.

These innovations are designed to address the growing demands of AI workloads in data centers, offering superior density, efficient cooling, and enhanced performance.

Dell Technologies expands its Dell AI Factory with new PowerEdge servers featuring AMD 5th Generation EPYC processors to accelerate enterprise AI adoption. The expansion includes:

1. Five new Dell PowerEdge servers offering industry-leading AI performance, efficiency, and flexibility at scale.
2. Dell Generative AI Solutions for AMD to simplify AI deployment.
3. Dell Enterprise Hub support for PowerEdge XE9680 with AMD Instinct MI300X accelerators.
4. Dell Implementation Services for Generative AI Platform for secure on-premises AI solutions.

The new servers, including the XE7745, R6725, R7725, R6715, and R7715, provide enhanced capabilities for AI workloads, data analytics, and traditional enterprise tasks. Dell also expands its professional services to support AMD environments, aiming to simplify and speed up GenAI deployments for businesses.

Dell Technologies (NYSE: DELL) has announced Dell AI for Telecom, a program designed to simplify and accelerate AI deployments for communications service providers (CSPs). This initiative, part of the Dell AI Factory, combines Dell's AI expertise, infrastructure, and services with software and silicon from across the AI ecosystem.

Key aspects of the program include:

• Collaboration with NVIDIA to co-create and validate telecom AI solutions
• Introduction of the PowerEdge XR8000 server with NVIDIA L4 Tensor Core GPUs
• Support for CSPs in designing and deploying GPU-as-a-Service offerings
• Partnerships with Lintasarta and SK Telecom to speed up AI adoption in telecommunications

The program aims to help CSPs enhance network performance, improve customer service, and provide greater value at the enterprise edge, addressing the challenges highlighted in a recent MeriTalk study commissioned by Dell Technologies.