Hardware's back: AI supercharges server, PC and memory sales

Dell shares soar 30% as AI server demand, price hikes power stellar quarter

Sharp Memory Price Jumps Will Be Felt More Severely In Dell's PC, Server Markets In Coming Months, Says Bank

Higher memory prices are expected to make their impact on the PC and server markets in the second half of this year and the first quarter of 2027, says investment bank UBS. The bank discussed computer hardware firm Dell in an investment note where it bumped the share price target to $440 from $243 and lifted the firm's earnings estimates for the fiscal years 2027 and 2028. UBS' coverage came after Dell's fiscal first quarter earnings report saw …

Hardware's back: AI supercharges server, PC and memory sales

Hardware firms are cleaning up bigtime as enterprises and cloud providers can’t get enough computing power for their artificial intelligence dreams. Dell Technology’s stock rocketed an incredible 31% in morning trading Friday. That’s thanks to an 88% jump in revenue almost unheard-of for a established company of this size, thanks to all the AI servers it’s selling. […] The post Hardware’s back: AI supercharges server, PC and memory sales appeare…