Dell and NVIDIA collaborate on AI infrastructure expansion

  • Investing.com
Dell and NVIDIA collaborate on AI infrastructure expansion

LAS VEGAS - Dell Technologies (NYSE: NYSE: DELL ) announced an expansion of its AI Factory in collaboration with NVIDIA (NASDAQ: NVDA ), aiming to accelerate AI adoption and innovation across various industries. The partnership includes the introduction of new servers, edge platforms, workstations, and services designed to simplify and expedite the deployment of AI applications.

The Dell PowerEdge XE9680L server is a key component of this expansion, featuring direct liquid cooling and support for eight NVIDIA Blackwell Tensor Core GPUs in a compact 4U form factor. This server is touted as providing the highest rack-scale density for NVIDIA GPUs in an industry-standard x86 rack, with a 33% increase in GPU density per node. It is expected to be available in the second half of 2024.

Dell also unveiled its NativeEdge, which is claimed to be the first edge orchestration platform that automates the delivery of NVIDIA AI Enterprise software. This platform is designed to assist developers and IT operators in deploying AI applications at the edge with ease. Dell NativeEdge deployment blueprints will be available globally starting in the second half of 2024.

For organizations looking to implement digital assistants, Dell offers the Generative AI Solution for Digital Assistants, which is available now in North America. This full-stack solution is designed to speed up the deployment of personalized self-service experiences for end users.

Moreover, Dell introduced the AI Factory with NVIDIA solutions, which include full stack deployment automation engineered in collaboration with NVIDIA. This automation is reported to reduce the time to value by up to 86% compared to manual deployment. NVIDIA NIM microservices, which provide optimized inference engines for AI models, are available today.

Dell Accelerator Services for RAG on Precision AI Workstations, aimed at shortening the AI development cycle, will be accessible in late May in the United States.

This announcement was made at the Dell Technologies World event, which runs from May 20-23 and focuses on the latest technological trends and solutions that facilitate AI adoption.

The information in this article is based on a press release statement from Dell Technologies.

InvestingPro Insights

As Dell Technologies (NYSE: DELL) continues to innovate and expand its AI capabilities in partnership with NVIDIA, investors and industry observers are paying close attention to the company's financial health and market performance.

According to InvestingPro data, Dell's market capitalization stands at a robust $103.98 billion. The company's P/E ratio, a measure of its current share price relative to its per-share earnings, is 33.33, with an adjusted P/E ratio for the last twelve months as of Q4 2024 at 27.73. This suggests a valuation that may be attractive to investors when considering Dell's near-term earnings growth.

Moreover, Dell has demonstrated significant market momentum, as evidenced by a 14.13% return over the last week and a staggering 219.74% return over the last year. This level of performance positions Dell as a prominent player in the Technology Hardware, Storage & Peripherals industry, with the company trading near its 52-week high, at 95.62% of the peak price.

InvestingPro Tips highlight several key points for potential investors to consider. Dell is trading at a low P/E ratio relative to its near-term earnings growth, which could indicate an undervalued stock poised for growth. The company has shown a high shareholder yield and a strong return over the last month, three months, and even the last year, reinforcing its strong market position. With these factors in mind, Dell's financial outlook appears promising as it embarks on new AI initiatives.

For those looking to delve deeper into Dell's financials and market potential, there are over 10 additional InvestingPro Tips available at https://www.investing.com/pro/DELL. To further enhance your investing strategy, use the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription, unlocking a wealth of data and insights that can inform your investment decisions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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