Tech company Dell Technologies (NYSE:DELL) is teaming up with chip maker Nvidia (NASDAQ:NVDA) to integrate Nvidia’s latest Blackwell GPUs into Dell’s servers. The new PowerEdge XE9680L server will feature eight Nvidia Blackwell Tensor Core GPUs and direct liquid cooling, which aim to boost data center performance for AI workloads. Investors had mixed feelings about the news, as shares of Dell fell over 2% while Nvidia shares gained over 2%.
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CEO Michael Dell emphasized the importance of this partnership and noted that it helps organizations who want to tap into the power of AI. Nvidia’s CEO, Jensen Huang, highlighted that their collaboration provides a comprehensive AI infrastructure that includes computing, networking, and software to drive innovation in various industries.
Which Is the Better Buy, DELL or NVDA?
Turning to Wall Street, analysts expect more upside potential from NVDA stock, as its price target of $1,057.76 per share implies 11.6% upside potential. On the other hand, DELL stock is expected to fall 10.57% due to an average price target of $130.08.
