Evercore ISI remains bullish on Dell after annual user conference

May 21, 2025 04:39 AM AEST | By Investing

Google News:

Evercore ISI remains bullish on Dell after annual user conference — Image source: Kalkine Media

Recent News

GP Cellulose Merges Innovation With Responsibility - Utilizing Advance...

Alcoa Schedules Second Quarter 2025 Earnings Release and Conference Ca...

From Refugee to Farmer: Uganda’s Model for Empowering Displaced Commun...

'Luke' by Tahan Music Co. - A Lovable Country Summer Anthem about Frie...

Investing.com -- Evercore ISI reiterated its bullish stance on Dell Technologies (NYSE:DELL) following the company’s annual user conference, “Dell World,” highlighting the company’s growing momentum in enterprise artificial intelligence.

“We continue to believe that DELL is well positioned to benefit from the acceleration of enterprise Gen AI adoption,” Evercore ISI wrote in a note recapping Day 1 of the Las Vegas event.

The firm maintained its Outperform rating on the stock, citing Dell’s comprehensive AI portfolio and technical expertise.

CEO Michael Dell kicked off the conference with a keynote that introduced several new products, including Blackwell- and AMD-powered AI servers, a revamped AI PC lineup, and new networking and managed AI service offerings.

According to Evercore ISI, the keynote focused on the growing trend of enterprises shifting AI workloads on-premise, as “DELL expects 85% of enterprises expect to move Gen AI workloads on-prem in the next 24 months due to better costs with on-prem inferencing compared to on public clouds.”

The firm noted that Dell’s experience designing next-generation AI systems for service providers and model builders has positioned it to now serve enterprise clients effectively.

This “has given the company invaluable technical expertise that it can bring over to the enterprise level,” the firm said.

Among new products highlighted was the Dell Pro Max Plus, described as “the first mobile-workstation with an enterprise-grade NPU,” enabling edge inferencing in a laptop form.

On the infrastructure side, Dell introduced servers featuring Nvidia’s B300 and GB300 chips for improved AI inference performance.

“With today’s announcements, we think DELL can be an enterprise customer’s ‘one-stop shop’ for all its AI infrastructure needs through the lifecycle,” Evercore ISI concluded.

This article first appeared in Investing.com

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.