Dell shares rose 6.3% in pre-market trading after peer Super Micro Computer raised its quarterly revenue outlook to $18.5–19.5 billion and its gross margin range to 12%–12.5%, signaling strong enterprise AI demand. Dell also expanded its Dell AI Factory collaboration with NVIDIA at the GTC event in Berlin, with over 6,500 organizations adopting the offerings. The stock later eased to $483.43, up 4.7% from the prior close. A week earlier, Barclays had downgraded Dell to Equalweight from Overweight and cut its price target to $574 from $603, citing slowing growth after a roughly 350% year-to-date rise and revenue gains driven largely by higher selling prices.
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DELLNvidiaartificial intelligencedata centers
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• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/20/2026 | 216.47 |
| Change that session | -0.29% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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