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Dell Technologies Inc. (NYSE:DELL) is one of the 15 Best AI Stocks That Will Make You Rich in 10 Years.

On June 26, 2026, Dell Technologies Inc. (NYSE:DELL) is ending its decade-long distribution relationship with Arrow Electronics's (ARW) ECS unit after a formal review and RFP process for its North American distribution business, CRN's Joseph F. Kovar reported. The move creates a potential $1.4B+ revenue opportunity for competing distributors and will require some channel partners to move to new distribution providers. Sources cited Arrow's narrower focus on enterprise and midmarket customers, rather than Dell's full portfolio, as well as more limited inventory and warehouse capabilities.

On June 23, Morgan Stanley raised its price target on Dell Technologies to $477 from $448 and kept an Equal Weight rating. Morgan Stanley said Dell and HPE earnings show enterprise server demand is proving far more inelastic than expected despite major price increases, supported by compute shortages, refresh activity, and growing AI-related infrastructure needs. The firm said 2026 and 2027 Street estimates "look too low" and raised EPS estimates 5%-6% for compute-exposed names.

On June 22, Dell Technologies introduced the Dell PowerEdge XE8812 server, a new addition to the Dell AI Factory with NVIDIA (NVDA). The server features NVIDIA Vera Rubin NVL4 architecture and delivers up to 144 GPUs per rack. Dell said the announcement comes as Dell AI Factory deployments accelerate worldwide, supporting sovereign AI initiatives, engineering and design workflows, and genomic science.

Dell Technologies Inc. (NYSE:DELL) designs, develops, manufactures, markets, sells, and supports integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally.

While we acknowledge the potential of DELL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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