Dell Technologies Inc. (NYSE:DELL) shares are trading higher Tuesday, reflecting continued momentum from last week’s strong chip sector performance, as well as a positive analyst update from Loop Capital.
What To Know: The rise in Dell’s stock comes amid overall strength in AI-related names following NVIDIA Corp’s (NASDAQ:NVDA) impressive earnings report last week. Additionally, Dell’s recent introduction of a new portfolio of AI-powered PCs has generated positive sentiment among investors.
Related Link: Nvidia CEO Jensen Huang Sees Dell Partnership As Key To Wider AI Adoption: ‘It’s Not About Just Delivering A Box…’
Last week, Nvidia’s better-than-expected earnings report significantly ...