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Dell hits record high amid rally in AI stocks

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Dell Hits Record High News

Dell

Shares of Dell hit a record high on Friday amid a rally in companies working on generative AI applications.

hit a record high on Friday amid a rally in companies working on generative artificial intelligence applications, buoyed by strong optimism for the new technology.

“This as an important and timely new opportunity for Dell,” said Bob O’Donnell of Technalysis Research. Dell shares rose 6% to US$162.82 after paring some gains in the afternoon. The stock, which has more than doubled year to date, ended in the green in the previous three sessions.

 

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