Coatue’s 35 Most Important AI Stocks

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23. Dell Technologies Inc. (NYSE:DELL)

Number of Hedge Fund Holders: 60 

Dell Technologies Inc. (NYSE:DELL) designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services. As per the report for the fourth quarter of 2024, the revenue was $22.3 billion, and full-year revenue was $88.4 billion, reflecting healthy demand for products or services. Also, full-year operating income was $5.2 billion, and non-GAAP operating income was $7.7 billion, demonstrating strong performance of the company’s core business. In addition, the company is at the forefront of technological advancements. Collaborations with industry leaders like NVIDIA and Hugging Face have enhanced Dell’s AI ecosystem, providing seamless integration and compatibility across the AI infrastructure stack. The company has expanded the Dell Generative AI Solutions portfolio with support for the AMD Instinct MI300X accelerator in Dell E9680 servers.

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