Skip to main content

Posts

Showing posts with the label AI server

Featured Post

Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

Dell Earnings in Focus as AI Server Gains Expected to Accelerate in 2025

Dell Technologies (DELL.US), a leader in AI-focused computing and server solutions, is set to report its third fiscal quarter earnings today after market close. Investors are eagerly awaiting insights into the state of demand for AI infrastructure. Key Expectations for Q3 Results Revenue forecast:  $24.7 billion Earnings per share (EPS):  $2.07 Q4 projections:  $25.5 billion in revenue, EPS of $2.64 (FactSet data). AI Infrastructure Leadership Dell has established itself as a prominent player in AI hardware, with notable clients like: Coreweave:  A cloud-computing company utilizing Dell’s infrastructure for GPU-powered services. xAI:  Elon Musk's AI venture, which relies on Dell hardware for its buildouts. The company recently became the  first to deliver server racks  using Nvidia’s advanced  GB200 NVL72 Blackwell system,  featuring  72 GPUs  for enhanced AI model training and query efficiency. This next-generation system is touted...