Dell is close to securing a $5 billion AI server deal with Elon Musk’s xAI The servers, featuring Nvidia GB200 chips, may support xAI’s supercomputer Analysts predict Dell’s AI server revenue could hit $14 billion by 2026 We recently reported HPE had beaten Supermicro and Dell Technologies to win a $1 billion contract to supply servers optimized for AI work to Elon Musk’s X,
Dell's dilemma is playing out for the largest U.S. server makers as they navigate the artificial intelligence boom.
Singapore is probing whether Dell Technologies Inc. and Super Micro Computer Inc. servers shipped to Malaysia housed Nvidia Corp. chips barred from China, an investigation that highlights the role of middlemen in funneling high-end semiconductors.
Stocks were higher on Friday as President Trump’s latest announcement of new tariffs and China’s vow to retaliate heightened trade tensions.
Servers used in a fraud case that Singapore announced last week were supplied by U.S. firms and may have contained Nvidia's advanced chips, a government minister said on Monday.
On Thursday, Singaporean police arrested three men for allegedly smuggling Nvidia chips, Channel News Asia reported. The men, two Singaporeans and one Chinese citizen, were charged with fraud over a supply of servers.
As the AI boom cycle matures, investors are shifting their focus away from top-line revenue growth and toward bottom-line profits.
From IPO announcements to earnings reports and ambitious projections, the world of AI has been abuzz with activity.
Singapore authorities have initiated an investigation into potential fraudulent activities related to the shipment of Nvidia Corp. (NASDAQ: NVDA) chips. The chips, which are banned in China, were reportedly shipped to Malaysia via servers from Dell Technologies Inc.
On Monday, reports surfaced that Nvidia chips were making their way to customers in China, with the high-end tech circumventing strict US export controls.
Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz made the pledge as he gave updates on investigations into an alleged fraud case involving servers exported from Singapore that may have contained Nvidia chips.