AI PCs are ushering in the next phase of PC market growth. Dell would be a top beneficiary, but Qualcomm and HP are also exciting!

The Edge AI era will be played out by shifting AI processes to end devices. Thanks to AI PCs, the PC market is set to recover from the second half of 2024. Dell, HP and Qualcomm are top beneficiaries of an upgrade cycle to AI PCs over the next two years. Jörg Meyer writes at 14:01: In the US model portfolio, we bought Dell (DELL) in mid-September 2023 at $70.70 and are 136% ahead. We are backing the stock for two reasons. 1) According to NVIDIA, Dell builds the best AI factories and works together with the chip developer. With AI demand...