Better Artificial Intelligence (AI) Stock: Oracle vs. Dell
Demand for artificial intelligence (AI) hardware has jumped substantially in the past couple of years. Technology giants in the U.S. and abroad, along with governments around the globe, are pouring billions of dollars into developing powerful large language models (LLMs), which can then be deployed to create useful applications to enhance productivity.Market research firm IDC is expecting global AI spending to hit a massive $337 billion this year. That figure is expected to more than double by 2028 to $749 billion. This huge spending is going to be a tailwind for Oracle (NYSE: ORCL) and Dell Technologies (NYSE: DELL), two tech giants that are already benefiting from the huge outlay on AI infrastructure.However, both stocks have been under pressure this year. While Oracle is down 10% so far in 2025, Dell is down by 16%. But a closer look at the recent developments in their businesses suggests that the downturn may not last for long. So, which one of these two AI stocks is the better buy on the dip?Continue reading
Demand for artificial intelligence (AI) hardware has jumped substantially in the past couple of years. Technology giants in the U.S. and abroad, along with governments around the globe, are pouring billions of dollars into developing powerful large language models (LLMs), which can then be deployed to create useful applications to enhance productivity.
Market research firm IDC is expecting global AI spending to hit a massive $337 billion this year. That figure is expected to more than double by 2028 to $749 billion. This huge spending is going to be a tailwind for Oracle (NYSE: ORCL) and Dell Technologies (NYSE: DELL), two tech giants that are already benefiting from the huge outlay on AI infrastructure.
However, both stocks have been under pressure this year. While Oracle is down 10% so far in 2025, Dell is down by 16%. But a closer look at the recent developments in their businesses suggests that the downturn may not last for long. So, which one of these two AI stocks is the better buy on the dip?
