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Barchart
Barchart
Aanchal Sugandh

A $1.24 Trillion Reason to Buy Dell Stock Now

Dell Samik Chatterjee Dell Technologies Goldman Sachs Neocloud

Dell Technologies (DELL) is sitting pretty as the artificial intelligence (AI) race keeps pushing demand into overdrive. The Goldman Sachs Group (GS) now sees the AI server market reaching a staggering $1.24 trillion by 2030, a sharp jump from its earlier $961 billion forecast.

The firm lifted its AI server unit volume outlook by 3% and boosted average selling price (ASP) expectations by 15%, signaling that demand for AI infrastructure still has plenty of runway ahead.

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