News about DELL

Honeywell has selected Dell Technologies (DELL) as a core AI infrastructure partner for its new Forge Cognition platform, working with NVIDIA to power building and industrial automation across data center and edge locations. Early pilots are running at major global facilities, applying agentic AI and digital twin tools to physical operations. The analysis says the partnership supports the bull case that Dell's infrastructure is being built into long-life physical operations projects, but notes that tight component supply and mid-single-digit margins on AI GPU systems could affect how quickly Dell's AI backlog turns into richer storage and services revenue. It cites a $594 fair value for Dell in its own narrative.