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we expect Q4 revenue to be in the range of $21.5 billion and $22.5 billion, with a midpoint of $22 billion
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2024 Q3
27 Dec 23
Enterprise and large corporate customers continue to be cautious in the current macro environment
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2024 Q3
27 Dec 23
With a TAM of $400 billion growing at a 2% CAGR, we will continue to focus on commercial, the high end of consumer
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2024 Q3
27 Dec 23
We are also seeing the beginning of a traditional server rebound, and historically, storage follows a couple of quarters later.
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2024 Q3
27 Dec 23
the recovering ramp in PC demand we were expecting in Q3 has pushed out, with large enterprises and corporate customers remaining cautious with their spending
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2024 Q3
27 Dec 23
We are also collaborating with Hugging Face to help users create and fine-tune and implement their own open source GenAI models on Dell infrastructure.
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2024 Q3
27 Dec 23
Our AI-optimized server backlog nearly doubled versus the end of Q2
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2024 Q3
27 Dec 23
in Q3, we continue to see strong demand and big wins, including customers like [ CoreWeave ]
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2024 Q3
27 Dec 23
AI-optimized server mix increased to 33% of total server orders revenue in Q3
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2024 Q3
27 Dec 23
In CSG, the demand momentum we saw in June, July continued into August, but slowed as the quarter progressed. The result was CSG revenue was down sequentially and short of our expectations.
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2024 Q3
27 Dec 23
ISG revenue was flat quarter-on-quarter, with sequential growth in servers and networking revenue
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2024 Q3
27 Dec 23
Demand for storage was down as expected.
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2024 Q3
27 Dec 23
In ISG, the demand environment for traditional servers improved over the course of the quarter, and demand for AI servers continues to be strong across a wider range of customers.
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2024 Q3
27 Dec 23
we're seeing inventory levels more normalized
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2024 Q2
12 Sep 23
consumer promos will be aggressive in the second half of the year, getting inventories back to historical levels
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2024 Q2
12 Sep 23
given the conservative nature, cautious nature, probably more accurately stated of enterprise-class customers and not as many large deals, they tend to be pockets of aggressiveness
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2024 Q2
12 Sep 23
given the conservative nature, cautious nature, probably more accurately stated of enterprise-class customers and not as many large deals, they tend to be pockets of aggressiveness
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2024 Q2
12 Sep 23
When you look at big deals,
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2024 Q2
12 Sep 23
we'll be deflationary in the second half, although the rate of deflation is slowing
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2024 Q2
12 Sep 23
we're expecting a deflationary environment to continue, but less so more muted in the third quarter than what we saw in Q2
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2024 Q2
12 Sep 23