15 AI News Investors Should Not Miss

7. Dell Technologies Inc. (NYSE:DELL)

Number of Hedge Fund Holders: 88

Dell Technologies Inc. (NYSE:DELL) is an American multinational technology company involved in the design, development, manufacturing, marketing, selling, and support of several comprehensive and integrated solutions, products, and services. The company has fully integrated AI across its entire product portfolio, expanding critical partnerships along the way. Its latest development in AI is the Dell AI factory, one of the world’s broadest generative AI (GenAI) solutions portfolio tailored for AMD environments.

On October 15, Bloomberg reported that Dell Technologies Inc. (NYSE:DELL) will begin shipping devices featuring Nvidia’s Blackwell artificial intelligence accelerators soon. This comes after a previous report from sources such as The Information that Blackwell chips may be “delayed by three months or more due to design flaws”; demonstrating how the production of these chips are now back on schedule. Arthur Lewis, Dell infrastructure unit president, said in an interview that these chips will be sent to select customers next month and will be generally available at the beginning of 2025.

For a company generally known for its personal computers, Dell’s analysts have been concerned about Dell’s AI-oriented products and competitive positioning. However, Lewis affirms that the company’s existing relationships with its customers and a wide array of services and products differentiate it from others.