Oct. 7 at 1:01 PM
$TSLA not looking good in the pre 😕
$DELL $HPE $NVDA
Dell Technologies Inc. roughly doubled its growth estimates for sales and profit for the next two years, citing demand for artificial intelligence products.
The company's updated financial framework calls for sales to rise at a rate of 7% to 9% annually for the next four years, while earnings per share will increase 15% or more.
Dell's core business, traditional servers and PCs, will see growth in the "low- to mid-single digits", according to Chief Operating Officer Jeff Clarke.
