Dell Technologies Inc. Class C Common Stock (DELL)
90.42
-1.04 (-1.14%)
Dell Technologies Inc is a global leader in technology solutions, offering a wide range of products and services designed to empower organizations and individuals
The company specializes in computing hardware, including personal computers and servers, as well as storage solutions and networking products. Additionally, Dell provides a robust portfolio of software and services, focusing on cloud computing, data transformation, and cybersecurity, enabling clients to harness the power of technology for their business needs. With a commitment to innovation and sustainability, Dell aims to enhance productivity and connectivity across various industries and consumer segments.
Malaysian Trade Minister Tengku Zafrul Aziz said the country will take "necessary action" against Malaysian companies if they're implicated in a fraud case involving Nvidia Corp. chips allegedly routed from Singapore.
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Singapore authorities have initiated an investigation into potential fraudulent activities related to the shipment of Nvidia Corp. (NASDAQNVDA) chips. The chips, which are banned in China, were reportedly shipped to Malaysia via servers from Dell Technologies Inc. NYSE: DELLNYSEDELL)(NASDAQ: SMCINASDAQSMCI.
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The company said the prospects for AI are strong, as it extends AI from the largest cloud service providers into the enterprise at scale and out to the edge with the PC.
Stocks recovered on Friday, with all three major indexes in the green, as the tech sector bounced back from Thursday's losses with NVIDIA Corp. (NASDAQNVDA) up 1.37% and Tesla, Inc. NASDAQ:TSLANASDAQTSLA)
