12 AI News and Ratings Investors Probably Missed

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9. Dell Technologies Inc. (NYSE:DELL)

Number of Hedge Fund Holders: 60

Dell Technologies Inc. (NYSE:DELL) offers integrated solutions across storage, servers, networking, and client devices, with a focus on AI-optimized infrastructure for businesses.

Dell Technologies has deployed tens of thousands of GPUs to support Elon Musk’s supercomputer project at xAI in Memphis, as reported by Bloomberg on December 5. The company rapidly scaled up its deployment, with the cluster continuing to grow. Musk’s startup is building a massive facility to enhance its AI computing capacity, with Nvidia, Dell, and Super Micro providing hardware for the project. The project will house at least 1 million GPUs, and Dell aims to capture a significant share of the infrastructure supply for the facility.

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