Yazılar

Dell boosts growth targets as AI server demand soars

/in /tarafından

Dell Technologies has nearly doubled its profit growth forecast for the next four years, confident that booming demand for artificial intelligence servers will sustain its momentum. The company now expects adjusted earnings per share to grow at least 15% annually, compared to its earlier projection of about 8%, according to a statement on Tuesday.

The tech giant, which counts Elon Musk’s xAI and cloud computing firm CoreWeave among its major clients, also raised its revenue growth expectations to between 7% and 9% per year, up from a prior range of 3% to 4%.

The surging need for high-performance servers powering AI platforms like ChatGPT has transformed Dell into one of the leading beneficiaries of the generative AI revolution. Analysts say Dell’s large-scale operations, global supply chain, and deep ties with major buyers give it a cost and volume edge over competitors such as Super Micro.

CEO Michael Dell emphasized that customers are “hungry for AI” and the computing infrastructure needed to deploy it at scale. He added that the company is still in the early stages of AI adoption despite two years of strong growth.

Dell reiterated its fiscal targets for the year and maintained its projection for AI server shipments to reach $20 billion in fiscal 2026. The company now forecasts 11% to 14% long-term annual revenue growth for its Infrastructure Solutions Group — which includes storage, software, and servers — up from 6% to 8% previously. Meanwhile, the client solutions segment, including personal computers, is expected to grow at a modest 2% to 3%.

Trump says Murdoch, Ellison, Dell lined up as investors in TikTok U.S. deal

/in /tarafından

U.S. President Donald Trump said on Sunday that Lachlan Murdoch, Larry Ellison, and Michael Dell would be among the American investors involved in a proposed deal to keep TikTok operating in the United States.

The arrangement is part of ongoing negotiations to transfer TikTok’s U.S. assets away from China’s ByteDance to a U.S.-controlled entity. The app, with 170 million U.S. users, has been at the center of Washington’s national security concerns and a 2024 law requiring divestiture by January 2025.

Key details of the proposed deal:

  • Ownership structure: TikTok’s U.S. operations would be majority-owned by American investors, with ByteDance holding under 20% of shares.

  • Governance: The U.S. entity would be operated domestically by a board with national security and cybersecurity credentials.

  • Investors:

    • Lachlan Murdoch, CEO of Fox Corp, through Fox (not personally). Rupert Murdoch, 94, may also play a role.

    • Larry Ellison, Oracle co-founder and major Republican donor, has long been linked to TikTok negotiations.

    • Michael Dell, CEO of Dell Technologies.

  • Data & algorithm safeguards: All U.S. user data will be stored on Oracle cloud infrastructure, with TikTok’s algorithm retrained and operated under U.S. supervision outside of ByteDance’s control.

Trump’s comments:

Trump praised the investors on Fox News’ The Sunday Briefing, calling them “American patriots” and saying, “I think they’re going to do a really good job.” He also credited TikTok with helping him build youth voter support during the 2024 election.

Political and economic context:

  • The deal remains under scrutiny by Congress, with Democrats warning against giving Beijing influence or allowing Trump’s allies too much control.

  • Trump has delayed enforcement of the shutdown law until December, with a possible extension into April 2025 to finalize terms.

  • The deal is being folded into broader U.S.-China economic talks, reflecting Trump’s transactional approach.

  • It follows other unusual Trump administration interventions in business, such as taking a 10% U.S. stake in Intel and approving Nvidia chip sales to China in exchange for a cut of sales.

Critics argue these maneuvers deviate from free-market norms, while Trump insists they strengthen U.S. leverage and protect national interests.