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in Tech

Dell shares fall despite growing AI server business

by Editor May 31, 2024, 4:35 am 1.5k Views

Dell shares fall despite growing AI server business

Michael Dell, Chairman and CEO of Dell Technologies, speaking at the Mobile World Congress 2024 in Barcelona, Spain, on Feb. 27, 2024.

Joan Cros | Nurphoto | Getty Images

Dell reported

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on Thursday that beat analysts’ estimates for earnings and sales, as the company has emerged as one of the top vendors for artificial intelligence servers.

Shares fell about 12% in extended trading at one point before recovering. When the…

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