Dell unveils new AI servers powered by Nvidia chips to boost enterprise adoption
(Reuters) -Dell Technologies (DELL) on Monday unveiled new servers powered by Nvidia's (NVDA) Blackwell Ultra chips, aiming to capitalize on the booming demand for artificial intelligence systems.
The servers, available in both air-cooled and liquid-cooled variations, support up to 192 Nvidia Blackwell Ultra chips but can be customized to include as many as 256 chips.
These servers can train AI models up to four times faster than previous models, Dell said.
The pricing of these products will be "competitive," Arthur Lewis, President of Dell's Infrastructure Solutions Group, told Reuters, adding that "there's a lot of interest on what's next."
Dell and Super Micro Computer have benefited from the growing demand for servers designed to handle the computer-heavy AI tasks, but the high cost of producing the systems and tough competition have pressured their margins.
Dell in February forecast a decline in adjusted gross margin rate for fiscal 2026, while Super Micro projected fourth-quarter revenue below estimates earlier this month as tariff-driven economic uncertainty pressures its performance.
Dell will focus on increasing sales of networking and storage products to ensure the "right level of profitability," Lewis said.
The company's new servers will also support Nvidia's upcoming Vera central processing units, which will succeed the chip designer's Grace server processor.
The AI server maker plans to support Nvidia's Vera Rubin chips, set to follow the Blackwell series.
Dell also introduced a 'Pro Max Plus' laptop designed for AI development on Monday, featuring a neural processing unit that allows engineers to process large AI models directly on the device without relying on cloud services.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Post
an hour ago
- New York Post
Elon Musk doubles down on criticism of ‘Big Beautiful Bill' calling it ‘utterly insane' and ‘political suicide'
Elon Musk waded back into politics Saturday with a series of sharp social meida criticisms of the Trump-backed 'Big Beautiful Bill,' calling it 'utterly insane' and 'political suicide.' The SpaceX CEO, who turned 54 on Saturday, expressed his frustration and rage at the massive spending bill on social media ahead of the critical vote on which the Trump agenda hinges. Former 'First Buddy' Elon Musk levelled heavy criticism of Trump's 'Big Beautiful Bill' in a series of social media posts on Saturday. via REUTERS 'The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!,' the former DOGE chief wrote on X ahead of a Senate debate on the legislation. 'Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future,' Musk concluded. In successive posts, Musk had even more strongly worded warnings for the GOP. 'Polls show that this bill is political suicide for the Republican Party,' the birthday boy later wrote on X. Musk further claimed that the bill raised the debt ceiling by $5 trillion dollars and would put 'America in the fast lane to debt slavery!' The billionaire's fallout earlier this month with former ally President Trump was apparently set-off by disagreements about the massive spending bill that was undergoing a procedural vote late Saturday. Musk and the president had an explosive falling out earlier this month that culminated in accusations about late-pedophile Jeffrey Epstein and calls for impeachment. AP That spat culminated with Musk endorsing the impeachment and removal of his former chosen candidate. Musk later apologized to the president who suggested that a reconciliation between the former allies is still in the cards. Trump raged on Truth Social Saturday night as a procedural vote on the 'Big Beautiful Bill' languished on the Senate floor, calling out Senator Thom Tillis (R-NC), saying the Tarheel was making a 'BIG MISTAKE for America,' by not voting for the bill.
Yahoo
2 hours ago
- Yahoo
Why CoreWeave Stock Plummeted This Week
CoreWeave saw a substantial valuation pullback this week, despite a bullish backdrop for AI stocks and the market at large. Investors sold out of the stock in response to analyst coverage and news that Nvidia is making a bigger push in cloud computing. Investors also appear to be concerned that CoreWeave could overpay to acquire Core Scientific. 10 stocks we like better than CoreWeave › Despite strong gains for the broader market, CoreWeave (NASDAQ: CRWV) stock closed out this week's trading down by double digits. The artificial intelligence (AI) specialist's share price fell 12.8% over the stretch. Meanwhile, the S&P 500 index rose 3.4%. CoreWeave stock lost ground this week following fresh analyst coverage and news that Nvidia (NASDAQ: NVDA) is making a bigger push in the cloud computing space. The company's valuation was also pressured by reports that a big acquisition move could be in the works. Before the market opened on Wednesday, H.C. Wainwright published its first rating on CoreWeave. The investment firm set a neutral rating on the tech specialist's stock, with analyst Kevin Dede raising some valuation concerns despite also acknowledging that CoreWeave had demonstrated its computing strengths. The Wall Street Journal also published a report on Wednesday stating that Nvidia plans to ramp up its own cloud-computing business. Nvidia's advanced graphics processing units (GPUs) have been the key hardware at the center of the AI data center revolution, but the tech leader is also in the relatively early stages of building its own AI-as-a-service (AIaaS) business. The company is a financial backer of CoreWeave, but some investors are worried that the tech giant could move in on the smaller player's turf. On Thursday, WSJ reported that CoreWeave is negotiating a deal to acquire Core Scientific (NASDAQ: CORZ). According to the report, a buyout could be finalized within weeks and is expected to assign a Core Scientific substantial valuation premium. Based on subsequent trading for CoreWeave, the reaction from investors appears to be mixed. Analysts are also split on what the buyout valuation might look like. Jeffries put forward a lower-end target, estimating that CoreWeave could pay between $16 per share and $23 per share to purchase Core Scientific. Cantor Fitzgerald put the potential buyout price at above $30 per share, and Roth Capital expects the company could pay as much as $38 per share in an all-stock deal. Given that CoreWeave tried to acquire Core Scientific at a price of $5.75 per share last year, some investors may be worried that the company is at risk of overpaying in the potential buyout. Before you buy stock in CoreWeave, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and CoreWeave wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Why CoreWeave Stock Plummeted This Week was originally published by The Motley Fool
Yahoo
3 hours ago
- Yahoo
2 Artificial Intelligence (AI) Stocks (Besides Nvidia) to Buy Hand Over Fist for the Long Term
Nvidia has become one of the world's largest companies thanks to AI, but it isn't the only opportunity. and Upstart are AI software powerhouses with rapidly growing businesses and addressable markets. Shares of both are down sharply from their all-time highs, so this could be a great time to invest in them. 10 stocks we like better than › Nvidia supplies the best data center chips for artificial intelligence (AI) development, and with a market capitalization of $3.6 trillion, it's now one of the largest companies in the world. There is still room for its stock to move higher, but investors who already own it might be looking for other AI names with growth potential. (NYSE: AI) developed a portfolio of over 130 ready-made applications to help businesses accelerate their adoption of AI. Upstart Holdings (NASDAQ: UPST), on the other hand, created an AI-powered lending algorithm that helps banks assess the creditworthiness of potential borrowers far more effectively than traditional methods. Both companies have rapidly growing businesses and enormous addressable markets, so here's why it might be a great idea for investors to add and Upstart to their portfolios for the long term. Very few companies have the financial resources or the technical expertise to develop AI software from scratch, so they are turning to third-party vendors like to meet their needs. can deliver a custom AI application to a business customer in as little as three months from the initial project briefing, whether they operate in financial services, retail, manufacturing, oil and gas, or a host of other industries. also stepped into agentic AI recently. It developed a platform that allows businesses to create and deploy virtual assistants into their operations to analyze data, automate workflows, and even influence key decisions. The platform connects to over 200 third-party databases and software applications so businesses can tap into their most valuable data to extract the most out of their AI agents. Salesforce CEO Mark Benioff says the market for "digital labor" -- or agents -- could be as large as $12 trillion in the future, so might be on the cusp of the biggest financial opportunity in its history thanks to its agentic platform. Businesses can access products through leading cloud providers like Amazon Web Services, Microsoft Azure, and Alphabet's Google Cloud. They can scale software using the computing capacity on offer from those cloud providers, so they don't have to bear the enormous cost of maintaining their own infrastructure. is building some serious momentum right now. The company generated a record $389.1 million in revenue during its fiscal 2025 (which ended on April 30), representing an increase of 25% compared to the prior year. That growth rate accelerated for the second straight year. Shares of are down 85% from their record high, which was set during the tech frenzy in 2020. The stock was unquestionably overvalued back then with its price-to-sales (P/S) ratio soaring to around 80, but it has since come down to a more reasonable level of 7.8. In fact, that's a 19% discount to its three-year average of 9.7 (which excludes the expensive 2021 period), so the stock might actually be undervalued now: The combination of momentum, its sizable market opportunity in areas like agentic AI, and its valuation creates a compelling opportunity for investors. Upstart thinks traditional human-led methods for assessing the creditworthiness of potential borrowers are outdated, partly because they center around Fair Isaac's FICO credit scoring system, which only considers a handful of metrics like a person's outstanding debts and their repayment history. The company's AI algorithm analyzes over 2,500 data points for every applicant to gain a better understanding of their creditworthiness. In fact, it's currently so good that it approves twice as many loans at a much lower average interest rate compared to traditional assessment methods -- all while maintaining a comparable risk profile. Plus, 92% of Upstart's approvals are now fully automated, so applicants don't have to wait around for lengthy human assessment processes. Upstart earns a fee each time its platform originates a loan on behalf of its bank partners. The company specializes in unsecured personal loans, but it has a growing presence in car loans and home equity lines of credit (HELOCs). There is still plenty of room for expansion into other segments like business loans, industrial loans, and credit cards over the long term. CEO Dave Girouard says $25 trillion worth of loans are originated worldwide each year across all segments, creating $1 trillion in fee revenue. He thinks all credit assessment processes will be handled by AI within the next decade, so Upstart is in a great position to capitalize on the enormous opportunity ahead. During the first quarter of 2025 (ended March 31), Upstart generated $213 million in total revenue, which was a 67% increase from the year-ago period. It was the fastest growth rate in three years, spurred by $2.1 billion in total loan originations, which was an 89% year-over-year jump. According to Wall Street's consensus estimate (provided by Yahoo! Finance), Upstart's annual revenue could top $1 billion in 2025 for the first time in the company's history. Upstart stock is down 84% from its 2021 peak. Like it was heavily overvalued back then with its P/S ratio surging to almost 50, but it has since come down to a more sustainable level of 8. Given the company's lightning fast revenue growth right now, and the incredible future opportunity in AI-powered loan originations, I think Upstart stock could be a great long-term buy at the current price. Before you buy stock in consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $704,676!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $950,198!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Anthony Di Pizio has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, Microsoft, Nvidia, Salesforce, and Upstart. The Motley Fool recommends and Fair Isaac and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. 2 Artificial Intelligence (AI) Stocks (Besides Nvidia) to Buy Hand Over Fist for the Long Term was originally published by The Motley Fool
