BUZZ-Dell rises on report firm nearing deal to sell $5 billion in AI servers to xAI
ReutersFeb 14, 2025 6:34 PM
Shares of Dell Technologies DELL.N rise 5.3% to $116.13
Dell is nearing a deal worth over $5 billion to provide Elon Musk's xAI with AI-powered servers, Bloomberg News reported, citing people familiar with the matter
Co will sell servers containing Nvidia Corp GB200 semiconductors to the AI startup for delivery this year — report
Dell declined to comment, while representatives for Musk did not immediately respond
Up to lase close, shares of Dell have risen ~27% in the past 12 months
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