_dell-technologies-surpasses-expectations-boosts-full-year-revenue-guidance-as-ai-optimized-server-orders-drive-growth.jpg "Dell Technologies Surpasses Expectations, Boosts Full-Year Revenue Guidance as AI-Optimized Server Orders Drive Growth from tutti ai Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:38
👁 View: 1.2M times
✓ Published: 01-Jun-2024
👁 View: 1.2M times
✓ Published: 01-Jun-2024
Description:
Dell Technologies exceeded analysts' expectations for fiscal first-quarter revenue and earnings and raised its full-year revenue guidance. Dell's AI-optimized server orders increased significantly but the company's gross margins declined due to competitive pricing and a higher mix of AI servers. Dell's AI server backlog is primarily made up of orders for Nvidia-based servers as the company works through supply chain issues. The backlog also includes large cloud customers. Extended trading saw Dell's stock price drop over 18% following the earnings call.
Dell Technologies exceeded analysts' expectations for fiscal first-quarter revenue and earnings and raised its full-year revenue guidance. Dell's AI-optimized server orders increased significantly but the company's gross margins declined due to competitive pricing and a higher mix of AI servers. Dell's AI server backlog is primarily made up of orders for Nvidia-based servers as the company works through supply chain issues. The backlog also includes large cloud customers. Extended trading saw Dell's stock price drop over 18% following the earnings call.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_elvis-presley-tutti-frutti-official-audio.webp "Elvis Presley")
_tutti-frutti-live-at-wembley-first-night-show.webp "MisteRhapsody")
_what39s-going-on-with-super-micro-computer-stock-on-monday.webp "Super Micro Computer collaborates with Foxconn, KDDI, and Sharp to build a large AI data center in Japan using Nvidia's advanced chips. Super Micro will develop liquid-cooled IT rack-scale solutions for the data center, enhancing Nvidia AI Enterprise platform performance.")
_bruja-amp-adrian-minune-tutti-frutti-official-video.webp "Seek Music")
_billionaires-are-battling-for-the-fate-of-ai-will-the-world-benefit-from-the-outcome-.webp "Billionaire investors of the internet era are now locked in a war of words and influenced to determine whether AI's future will be one of concentrated safety or unfettered advancement. The stakes couldn't be higher.<br/><br/>In May 2023, OpenAI CEO Sam Altman appeared on Capitol Hill for a Senate subcommittee meeting on AI. The substance of his message: Regulate us. For his opponents, this was the mask-off moment they’d been waiting for. Three months earlier, Musk, who had cofounded and bankrolled OpenAI when it was still an open source nonprofit, had taken to X to decry OpenAI’s recent multibillion dollar capital infusion from Microsoft. From its nonprofit roots, OpenAI had evolved into a “closed source, maximum profit company effectively controlled by Microsoft,” Musk said.<br/><br/>For Vinod Khosla and Reid Hoffman—who met with Altman together at least once to talk strategy but otherwise move in separate circles—OpenAI’s willingness to compromise is how to get things done. Whether Hoffman is talking to Biden, Pope Francis or U.S. Commerce Secretary Gina Raimondo, a frequent collaborator in recent months, their questions are similar: How will constituents’ lives change because of AI? What about their jobs? When should they be excited for benefits, or cautious about risks? “You have to show you understand what their primary game is, and that they can trust you to figure it out,” Hoffman says. “If your approach to government is to say ‘get out of my way,’ then you’re not helping with their game.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/alexkonrad/2024/06/04/inside-silicon-valley-influence-battle-for-ai-future/?sh=44d2570c2dc4<br/><br/>0:00 Introduction<br/>0:59 Where Is Silicon Valley On AI<br/>5:03 Reid Hoffman And The State Of Open AI<br/>7:44 Where Does Social Media And AI Regulation Stand?<br/>9:55 Vinod Khosla's Take On Open AI And The State Of The Industry<br/>13:30 Will Regulations Aid Our Society From AI Going To Far?<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 15:51 👁 2.3M
_trutti-frutti-124-ayesha-omar-124-shiraz-uppal-124-karachi-se-lahore.webp "Vidly")
_school-of-rock-allstars-perform-9234tutti-frutti9234-by-little-richard.webp "School of Rock")
_how-to-access-chatgpt-beginners-guide.webp "Wondering how to use the AI system ChatGPT? We'll show you")
_elvis-presley-tutti-frutti-official-audio.jpg)
_tutti-frutti-live-at-wembley-first-night-show.jpg)
_what39s-going-on-with-super-micro-computer-stock-on-monday.jpg)
_bruja-amp-adrian-minune-tutti-frutti-official-video.jpg)
_billionaires-are-battling-for-the-fate-of-ai-will-the-world-benefit-from-the-outcome-.jpg)
_trutti-frutti-124-ayesha-omar-124-shiraz-uppal-124-karachi-se-lahore.jpg)
_school-of-rock-allstars-perform-9234tutti-frutti9234-by-little-richard.jpg)
_how-to-access-chatgpt-beginners-guide.jpg)
![[+]](/images/menu.gif){kind=small}