#1 out of 2
business7h ago
Key facts: Dell Tops 52-Week High After Q1; XPS 13 to Ship Core 3
- Dell tops a 52-week high near $429.15 after reporting Q1 results and strong AI-related demand.
- Dell plans to ship the XPS 13 first with Intel Core Series 3 CPUs as part of the new Core line.
- The Core 3 rollout aims to balance pricing amid rising memory-chip costs.
- Dell reported 2027 first-quarter revenue of $43.8 billion with adjustable EPS of $4.86.
- Analysts raised price targets following Dell's quarterly results.
- XPS 13 will be the first model to use the Core Series 3 CPUs.
- A Core Ultra Series 3 variant and a Storm color are planned for this summer.
- The rollout is tied to a price-point strategy amid higher memory-chip costs.
- The article highlights Dell's AI-driven infrastructure demand as a driver of results.
- Dell's 52-week high occurred in the context of a Q1 beat by the company.
- The report references upgrades to price targets by market analysts.
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