Bloomberg Intelligence Global Head of Technology Research Mandeep Singh joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss so-called "legacy" tech companies like Dell, Intel and Nokia seeing their stocks surge as they turn to AI. (Source: Bloomberg)
Dell Inc Photographer: David Paul Morris/Bloomberg
They were all stars of the dot-com era before fading into the background as the bubble burst and a new generation of tech darlings rose to the forefront. But Dell Technologies Inc., Nokia Oyj and Lenovo Group Ltd. are back with a vengeance thanks to the unrelenting artificial intelligence spending boom.
A server displayed during the Dell Technologies World Annual Convention event in Las Vegas, Nevada.
Dell Technologies Inc. shares surged the most since the company returned to the public markets in December 2018, lifted by an outlook for annual sales that far surpassed expectations on demand for servers that power artificial intelligence work.
Dell Technologies signage on the exhibition floor at the Nvidia GTC conference in San Jose, California.
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