$Advanced Micro Devices(AMD)$ Dell had to raise its outlook, which signals that the AI server wave is still expanding, not contracting. Reuters reports that Dell lifted its full-year revenue guidance to $165B–$169B from $138B–$142B, and raised adjusted EPS guidance to $17.90 from $12.90. Dell just told the market that AI infrastructure demand is still exploding. That will definitely help AMD.
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