New York CNN —
It’s not a good time to be selling PCs — Dell has been grappling with sinking demand for the past few years. But its stock still shot up 20% in after-hours trading after the company excited investors about the tech industry’s favorite buzzwords: artificial intelligence.
Dell revenue declined 11% in the fourth quarter. Although that was better than forecast, Dell’s PC business is lagging. Still, the Texas-based firm noted demand for powerful servers to run AI workloads surged in the last three months. Its infrastructure unit pulled in $9.3 billion in revenue, with its 10%
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