Addressable Market for AI Hardware and Services Doubles by 2028: Dell Technologies Shows Nearly 20% Growth in Revenue and Earnings. Share of AI-ready PCs Increases.

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Dell Technologies (DELL) is a clear beneficiary of the AI era. The company is a provider of IT infrastructure, servers, storage systems, and PCs. Its business model is based on the combination of hardware sales (servers, networking, storage, PCs) and extensive services (support, installation, consulting), with a growing focus on turnkey high-end solutions ("AI Factory”) for corporate customers. Record orders with $5.6 billion in AI server contracts On Thursday evening (August 28), the company reported quarterly numbers: The largest order...
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