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Prediction: This Artificial Intelligence (AI) Stock Could Ride Nvidia’s “Golden Wave” Next

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There will be many winners as infrastructure is built to support the huge and increasing computing power needed for artificial intelligence (AI) applications. Nvidia continues to pave the way and has already been a huge beneficiary thanks to its leading advanced chips, software, and engagement with developers.

Nvidia’s revenue has soared from what was then a record $61 billion in fiscal 2024 to more than $130 billion in its fiscal year 2025, ended Jan. 26. That growth continues as sales in the first half of fiscal 2026 are expected to be approximately $90 billion. It’s all about the company’s data center segment, as companies — as well as sovereign nations — quickly invest in infrastructure to expand AI capabilities.

That infrastructure includes servers and cooling systems that are provided by Dell Technologies (DELL 1.49%). The company’s revenue has also been soaring, and it is well positioned to ride AI’s “golden wave” along with Nvidia.

Image source: Getty Images.

Nvidia’s AI factories are filling Dell’s backlog

Dell isn’t a pure-play AI stock, but it has already seen benefits from the AI revolution. Revenue hasn’t soared quite as much as it has for Nvidia, but Dell’s Infrastructure Solutions Group saw sales hit a record $43.6 billion in fiscal 2025, up 29% year over year. Zoom in specifically to its AI server business, though, and the growth is more impressive. Server shipments generated nearly $10 billion, up over sixfold from $1.5 billion in fiscal year 2024.

Demand continued to grow in the company’s fiscal 2026 first quarter, and the period ended on May 2 with a $14.4 billion AI backlog. Chief operating officer Jeff Clarke called the demand unprecedented, adding, “We generated $12.1 billion in AI orders this quarter alone, surpassing the entirety of shipments in all of [fiscal 2025].”

That’s all because of the huge data centers and AI training factories being built by large growth companies as well as sovereign governments — all of it supported by Nvidia and its powerful products. Meta Platforms, Amazon, Alphabet, and Microsoft collectively have plans to spend as much as $320 billion this year investing to expand AI capabilities.

Another group of tech companies is partnering with ChatGPT creator OpenAI for the Stargate Project, with another $500 billion in AI infrastructure investments planned over the next several years.

OpenAI has also started a program intending to help regions outside the U.S. launch large AI projects. Dell servers will likely be part of most of this development. It’s why the stock has quickly rebounded from its April lows.

More reasons to own Dell

That growth is driving investors to Dell stock. But there are other reasons to own it, too. The company’s Client Solutions personal computer segment is also integrating AI for commercial and retail clients. That segment provides a stable cash flow base and it generated more revenue than the Infrastructure Solutions group last year.

Management is returning some of that cash flow to shareholders. It increased its annual dividend by 18% for the current fiscal year, and its board of directors approved a $10 billion increase in its share repurchase authorization.

The company says it is committed to returning at least 80% of its adjusted free cash flow to shareholders. It also plans to raise its dividend at least 10% annually through fiscal year 2028. That shareholder-friendly approach should make investors feel good.

Yet surging demand and a large and growing backlog for its AI servers are what really make it a good time to buy Dell stock. It has more runway ahead to ride the golden wave of AI along with Nvidia.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Howard Smith has positions in Alphabet, Amazon, Dell Technologies, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, Meta Platforms, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.



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Radiomics-Based Artificial Intelligence and Machine Learning Approach for the Diagnosis and Prognosis of Idiopathic Pulmonary Fibrosis: A Systematic Review – Cureus

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Radiomics-Based Artificial Intelligence and Machine Learning Approach for the Diagnosis and Prognosis of Idiopathic Pulmonary Fibrosis: A Systematic Review  Cureus



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A Real-Time Look at How AI Is Reshaping Work : Information Sciences Institute

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Artificial intelligence may take over some tasks and transform others, but one thing is certain: it’s reshaping the job market. Researchers at USC’s Information Sciences Institute (ISI) analyzed LinkedIn job postings and AI-related patent filings to measure which jobs are most exposed, and where those changes are happening first. 

The project was led by ISI research assistant Eun Cheol Choi, working with students in a graduate-level USC Annenberg data science course taught by USC Viterbi Research Assistant Professor Luca Luceri. The team developed an “AI exposure” score to measure how closely each role is tied to current AI technologies. A high score suggests the job may be affected by automation, new tools, or shifts in how the work is done. 

Which Industries Are Most Exposed to AI?

To understand how exposure shifted with new waves of innovation, the researchers compared patent data from before and after a major turning point. “We split the patent dataset into two parts, pre- and post-ChatGPT release, to see how job exposure scores changed in relation to fresh innovations,” Choi said. Released in late 2022, ChatGPT triggered a surge in generative AI development, investment, and patent filings.

Jobs in wholesale trade, transportation and warehousing, information, and manufacturing topped the list in both periods. Retail also showed high exposure early on, while healthcare and social assistance rose sharply after ChatGPT, likely due to new AI tools aimed at diagnostics, medical records, and clinical decision-making.

In contrast, education and real estate consistently showed low exposure, suggesting they are, at least for now, less likely to be reshaped by current AI technologies.

AI’s Reach Depends on the Role

AI exposure doesn’t just vary by industry, it also depends on the specific type of work. Jobs like software engineer and data scientist scored highest, since they involve building or deploying AI systems. Roles in manufacturing and repair, such as maintenance technician, also showed elevated exposure due to increased use of AI in automation and diagnostics.

At the other end of the spectrum, jobs like tax accountant, HR coordinator, and paralegal showed low exposure. They center on work that’s harder for AI to automate: nuanced reasoning, domain expertise, or dealing with people.

AI Exposure and Salary Don’t Always Move Together

The study also examined how AI exposure relates to pay. In general, jobs with higher exposure to current AI technologies were associated with higher salaries, likely reflecting the demand for new AI skills. That trend was strongest in the information sector, where software and data-related roles were both highly exposed and well compensated.

But in sectors like wholesale trade and transportation and warehousing, the opposite was true. Jobs with higher exposure in these industries tended to offer lower salaries, especially at the highest exposure levels. The researchers suggest this may signal the early effects of automation, where AI is starting to replace workers instead of augmenting them.

“In some industries, there may be synergy between workers and AI,” said Choi. “In others, it may point to competition or replacement.”

From Class Project to Ongoing Research

The contrast between industries where AI complements workers and those where it may replace them is something the team plans to investigate further. They hope to build on their framework by distinguishing between different types of impact — automation versus augmentation — and by tracking the emergence of new job categories driven by AI. “This kind of framework is exciting,” said Choi, “because it lets us capture those signals in real time.”

Luceri emphasized the value of hands-on research in the classroom: “It’s important to give students the chance to work on relevant and impactful problems where they can apply the theoretical tools they’ve learned to real-world data and questions,” he said. The paper, Mapping Labor Market Vulnerability in the Age of AI: Evidence from Job Postings and Patent Data, was co-authored by students Qingyu Cao, Qi Guan, Shengzhu Peng, and Po-Yuan Chen, and was presented at the 2025 International AAAI Conference on Web and Social Media (ICWSM), held June 23-26 in Copenhagen, Denmark.

Published on July 7th, 2025

Last updated on July 7th, 2025



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SERAM collaborates on AI-driven clinical decision project

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The Spanish Society of Medical Radiology (SERAM) has collaborated with six other scientific societies to develop an AI-supported urology clinical decision-making project called Uro-Oncogu(IA)s.

Uro-Oncog(IA)s project team.SERAM

The initiative produced an algorithm that will “reduce time and clinical variability” in the management of urological patients, the society said. SERAM’s collaborators include the Spanish Urology Association (AEU), the Foundation for Research in Urology (FIU), the Spanish Society of Pathological Anatomy (SEAP), the Spanish Society of Hospital Pharmacy (SEFH), the Spanish Society of Nuclear Medicine and Molecular Imaging (SEMNIM), and the Spanish Society of Radiation Oncology (SEOR).

SERAM Secretary General Dr. MaríLuz Parra launched the project in Madrid on 3 July with AEU President Dr. Carmen González.

On behalf of SERAM, the following doctors participated in this initiative:

  • Prostate cancer guide: Dr. Joan Carles Vilanova, PhD, of the University of Girona,
  • Upper urinary tract guide: Dr. Richard Mast of University Hospital Vall d’Hebron in Barcelona,
  • Muscle-invasive bladder cancer guide: Dr. Eloy Vivas of the University of Malaga,
  • Non-muscle invasive bladder cancer guide: Dr. Paula Pelechano of the Valencian Institute of Oncology in Valencia,
  • Kidney cancer guide: Dr. Nicolau Molina of the University of Barcelona.



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