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Investing.com -- U.S. indices are on track for a fall this week, as a jump in crude above $100 a barrel, amid continued Middle East tensions, impacted sentiment.
Dell has climbed 10.8% so far on Friday, aiming to close above its 52-week high of $562.99, up 8.8% over the week after updates centered on AI server demand.
The rally comes after CFO David Kennedy told the Goldman Sachs Communacopia + Technology Conference on Wednesday that second-quarter AI server bookings reached $6.1 billion, matching the combined total of the previous three quarters.
The 12-month AI booking total now stands at $13.2 billion, with an AI infrastructure backlog of $95 billion.